Answer:
D. copayment; insured
Explanation:
When the person takes insurance than the person called as insurance policyholder who is holding his or her own policy so he or she must have to pay the copayment i.e. fixed amount for the service covered prior to receiving the service for each insured service prior to the insurance that covers the rest
Therefore the correct option is D
And, the rest ones are incorrect
Answer:
B. Wiring funds from one account to another
Explanation:
electronic banking can be defined as a process through which money is being transferred through electronic signal exchange rather than the traditional way of money exchange throug cheque or documents.
Electronic banking facilities that uses electronic equipment are;
- ATM
- point of sale banking(POS)
- fund transfer service
- Mobile Banking,etc.
A. A flatter, more horizontal demand or supply curve is elastic
Answer:
D. Guaranteed minimum withdrawal benefit
Explanation:
In the case of the guaranteed minimum withdrawal benefit, the benefit is available for fixed annuity and for a variable annuity.
When the market is down, the policyholder can withdraw the maximum percentage of the annuity value unless the amount of initial investment recouped.
Withdrawal amount should be between of five percent to ten percent of the initial investment held.
