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2 years ago

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.

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Define bond economics.

valentinak56 [21]

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bonds can be in mutual funds or can be in private investing where a person would give a loan to a company or the government.

6 0

2 years ago

Spalding Pointers Corporation expects to begin operations on January 1, year 1; it will operate as a specialty sales company tha

lora16 [44]

Answer:

Amoun of sales Revenue for the first quarter of 2019

Jan $120,000

Feb ( 120,000*1.05) 126,000

March ( 126,000* 1.05) 132,300

378,300

 Cash Receipt schedule for the first quarter of 2019

Jan Feb March

Jan sales $84,000 24,000 12,000

Feb sales - 88,200 25,200

March sales - - 92,610

84,000 112,200 129,810

Amount of Account Receivable as of MArch 2019

Feb sale 10%* 126,000 $12,600

March sales( 20%* 132,300) + (10%*132300) 39,690

52,210

Explanation:

cash receipt

Jan Sales : Jan 70% * 120,000 = 84,000

feb 20%* 120,000 = 24,000

March 10% * 120,000 = 12,000

Feb sales : Feb 70%*126,000 = 88,200

March 20% * 126,000 = 25,200

April 10%* 126,000 = 12,600

March sales : March 70%* 132300 = 92,610

April 20%*132300 = 26,460

May 10%*132300 = 13,230

5 0

3 years ago

An increase in the rate of expected inflation will Group of answer choices shift the demand for loanable funds to the left (down

Brums [2.3K]

Answer:

shift demand and supply for loanable funds to the right (up), increasing interest rates.

Explanation:

According to the Fisher hypothesis when there is an increase in the expected inflation there is an equal increase in nominal interest rates.

As interest rates rise demand and supply for loanable funds will rise. This is illustrated in the attached diagram. Interest rate moves from i0 to i1.

Inflation is a reduction in the purchasing power of money. When inflation increases money regulation agencies reduce supply of money as a way to reduce price increase. This in turn reduces the amount of loanable funds commercial banks have to give out

4 0

3 years ago

Real-world economies get hit with lots of shocks to aggregate demand and real shocks. Categorize each scenario as an aggregate d

Reil [10]

Answer:

a) Decrease LRAS

b) Decrease LRAS

c) Increase AD

d) Increase AD

Explanation:

steel workers go on strike so less steel is produced : this will cause a decrease in the log run aggregate supply of steel in the economy

A tornado destroys factories in Louisiana.: this will cause a decrease in the log run supply of factory products and by-products in the economy

Consumer optimism increases.leads to an increase in the aggregate demand curve

The stock market rallies to 52-week highs increasing consumer wealth. this will definitely lead to an increase in the aggregate demand curve because with more money to spend the demand curve will increase

7 0

3 years ago

How do you derive consumer equilibrium is the cardinal utility approach

solniwko [45]

Answer:

According to utility analysis, the consumer will be in equilibrium when he is spending money on goods in such a way that the marginal utility of each good is proportional to its price. Let us assume that, in his equilibrium position, consumer is buying q1 quantity of a good X at a price P1.

Explanation:

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7 0

3 years ago