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- Solved An insurer receives a report regarding a potential - Chegg
Question: An insurer receives a report regarding a potential insured that includes the insured's financial status hobbies and habits What type of a report is that?
- Solved 1: From the insureds perspective, the purchase of - Chegg
1: From the insured's perspective, the purchase of insurance is an example of which type of risk mitigation? Answer avoidance hazard risk retention transfer loss prevention combination pure risk 2: The elements of an ideal insurable risk Answer require that the probability of a given loss be known include the requirement of loss payments must be advantageous to the insured requires
- 18. A drunken driver runs into the side of the | Chegg. com
A drunken driver runs into the side of the insured's detached garage The insurance adjuster made a payment based on the policy coverages directly to the insured This payment is able to be made as a result of a (n) : a Policy exclusions b Contract between the insured and the insurer c Third party loss d Incurred expense by the insured 19
- Solved When examining the insureds damaged 2020 Toyota - Chegg
Information was incorrectly entered into the insurer's When examining the insured's damaged 2 0 2 0 Toyota Corolla, claims adjuster Fasil notices a discrepancy between the vehicle identification number (VIN) on the car's dashboard plaque and the VIN in the initial claim report
- Solved When an insured receives a written binder,A. The - Chegg
Question: When an insured receives a written binder,A The insured will not have to submit an application to the insurer B The insured will be locked into a contract for at least 2 years C The insured will be guaranteed premium rates for a specific amount of time D The insured's coverage will be effective immediately
- Solved At what point must a life insurance applicant be - Chegg
Question: At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act?Upon completion of the applicationAt the policy's deliveryWhen the insurer receives the MIB reportBefore the appointment is scheduled
- Solved RSK4803 ASSIGNMENT 03Insurance is a mechanism of …a . . . - Chegg
a insurer receives as an application for insurance coverage b insurer completes and submits for the insured’s consideration and acceptance c insured should keep as proof of having an insurance agreement d insured uses as a basis for submitting a claim against the policy 4 An insurance contract means …
- Solved Which of the following statements regarding workers . . . - Chegg
Word Answer Experience rating and retrospective rating provide little incentive to employers to reduce workers' compensation accidents o A True O B False Because retros and large deductible insurance plans create a financial exposure for the insurer if the insured encounters financial difficulties, insurers often require the insured to post a
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