1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxMikexx [17]
2 years ago
7

What should you expect to get from your insurance company in exchange for your premium?

Business
1 answer:
Sergeu [11.5K]2 years ago
5 0

Answer:

see below

Explanation:

Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.

Premiums are the cost of insurance.  The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.

You might be interested in
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability th
3241004551 [841]

Answer:

c. 0.0819

Explanation:

The mean = 0.85

standard error of the proportion is:     sp = sqrt(pq/n)

= sqrt ((.85)(0.15) / 51) = 0.05

P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )

= P(1.23 < z < 1.92)

= P(z < 1.92) - P(z < 1.23) = 0.0819

8 0
2 years ago
Select the examples that best represent Architecture and Construction customers. Check all that apply.
Sloan [31]

Answer:

Explanation:

1 5 6

7 0
2 years ago
Read 2 more answers
Most operating decisions of management focus on a narrow range of activity called the______________.
antoniya [11.8K]

Answer:

C. Relevant range of production

Explanation:

3 0
3 years ago
Which careers require a person to find independence in working alone?
lakkis [162]

Answer:

Visual Arts??

Explanation:

When they work on every visual art project, the artists want to be isolated and away from anyone. Few examples of visual artwork are architecture, craft, painting, and photography, and a lot more can be applied to this category. In any situation, though the artist likes solitude and being alone since it means that they are closer to nature, and can therefore rely more on their work that can be ruined by even the slightest flaw.

3 0
2 years ago
What is the main difference between a generic market and a product market
Yuri [45]

Answer:

The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.

Explanation:

7 0
2 years ago
Other questions:
  • if you want to be able to compare different investments , which piece of information is the most helpful
    5·1 answer
  • Which of the following is not an important question for economic policy raised by the experience of the textile industry? A. How
    9·1 answer
  • Anna Garden recently opened her own basketweaving studio. She sells finished baskets in addition to selling the raw materials ne
    5·2 answers
  • Using the following information: (a) The bank statement balance is $3,868. (b) The cash account balance is $3,971. (c) Outstandi
    15·1 answer
  • The interest rate charged on overnight loans of reserves between banks is A) federal funds rate. B) prime rate. C) Treasury bill
    11·1 answer
  • The Sarbanes-Oxley Act of 2002 holds a public company's ________ responsible for the accuracy of thr firm's financial statements
    5·1 answer
  • Determine the variance and indicate if each variance is favorable (F) or unfavorable (U). Variances are absolute numbers so no (
    6·1 answer
  • Joe verbally contracts with Delia to sell his farm to Delia. They do not sign a contract, but Delia takes possession, makes a do
    6·1 answer
  • Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in
    8·1 answer
  • Kamal plans to save $7,000 a year for 17 years starting a year from today. He expects to earn 9% on his investment. How much wil
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!