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dusya [7]
3 years ago
9

Which measure could an underwriter use to reduce the risk when underwriting a Disability Income Policy?A. Increase the benefit p

eriod and increase the amount of the benefitB. Shorten the elimination period and increase the amount of the benefitC. Increase the benefit period and shorten the elimination periodD. Shorten the benefit period and increase the elimination period
Social Studies
1 answer:
WITCHER [35]3 years ago
4 0

Answer:

D. Shorten the benefit period and increase the elimination period                  

Explanation:

          Disability Income Policy is often called as Disability Income or DI. It is form of policy or insurance which insures the earned income of the beneficiary against any risk of disability that might create a barrier for an employee to complete the functions of their duty.

          While underwriting a DI insurance, the underwriter must assess the risk the insurer post to become disable and the insurance company has to pay the benefits. Hence the underwriter must take care to avoid taking risk  to increase the elimination period and reduce the benefit period of the insurance.

Hence the correct option is (D).

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4 years ago
Although Jason would benefit from approving the BesTel investment without board approval, he does not feel comfortable making th
shusha [124]

Answer:

He is in the third stage (interpersonal accord) of Kohlberg's stages of moral development.

Explanation:

Kohlberg did some studies on morality and proposed a theory on moral development. He defined three different levels of morality (and each level consists in 2 stages).

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In the preconventional level, the person's morality is externally controlled and therefore acts based on what the punishment will be (1st stage) or based on how good will it be for him/her to act in some way (2nd stage)

The conventional level stages also have to to with external controls but now the person thinks in function of ensure positive relationships and societal order. The third stage here depends on the approval of others. The fourth stage has to do with accepting rules because they preserve the society order  and functioning.

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In this example, Jason doesn't feel comfortable taking a decision without involving the chairman of the board. He is deciding to put aside his own interests for doing things the right way in the eyes of the shareholders, therefore, since he is focused in <u>external factors</u> he is in the <u>conventional level, specifically in the third stage in which decisions depend on the approval of others. </u>

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Explanation:

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Answer:

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