Option E, All the above are examples of funded retention
Explanation:
Funded retention — risk management term refers to a program in which an entity retains assets in advance, instead of distributed to the insured or another group, to pay for risks incurred by the company.
The insurance exclusion is a common example of a transfer of risk to save premiums, as a deduction is a limited risk that can save insurance premium costs for greater risks.
Based on the cost or absence of commercial insurance companies actively maintain certain risks–which is commonly known as self-insurance.
<span>This is a modified premium life insurance policy. In this case, the premium (the price paid for the insurance during each time period) is fixed for a specific frame (at rates that are usually lower than average), but then (usually) increases after a certain number of months or years to a rate greater than the average.</span>
Answer:
a. interviews were expensive to conduct
Explanation:
The disadvantage of in depth interview contained in the scenario is that face to face or in-depth interviews are expensive to conduct.
The rationale behind this conclusion is as presented in the scenario that ''In order for executives to agree to the interviews the company provides a large cash incentive.''
The fact that in-depth interview could be paid for, in order to guarantee its occurrence; is a practical display of the fact that in-depth interview or Face-to-Face method, is very expensive.
I believe the answer is accounting cost. good luck
Answer:
Everyday because the ever-increasing complexity of our securities laws has led to a great deal of confusion among investors over the differences between mutual funds and variable annuity sub-accounts.
Explanation:
That's the answer.
