When an individual qualifies for a lower premium or rate than standard risks, the insured is considered a Preferred risk
What is an Insurance?
Insurance protection against loss is offered by insurance. It is a form of risk management that is mostly used to reduce the risk of a potential loss that is unknown or contingent. A business that provides insurance is known as an insurer, insurance firm, insurance carrier, or underwriter.
To learn more about Insurance
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Answer:
Simple rate of return on Investment = 6.34%
Explanation:
As per the data given in the question,
Initial investment = $804,600
Realisable value = $22,400
Net cash flow = $804,600 - $22,400
= $782,200
Annual income:
Net income = Cash savings - Depreciation
= $139,000 - $89,400
= $49,600
Simple rate of return on Investment = Net income ÷ Net cash flow
= $49,600 ÷ $782,200
= 0.0634
= 6.34%
It is important to research other jobs that require the same education and training so that you will have options to work so that you wont half to do all the same education and the same training as the other person.
The answer is Major Medical Expense Insurance. This is a health insurance policy that finances medical
expenditures sustained in wounds, disastrous occurrences or lengthy sickness, giving benefit
disbursements beyond the base sum funded by the insurance company.
This insurance encompasses more than doctor appointments
and surgical measures. Most plans cover approximately or entirely
your medicine drug charges plus services linked to health care.
Answer:
you gave no options but according to me
Explanation:
When the demand for a product increases, businesses increase the price while decreasing the supply/quantity.
