Describe a person who would not need life insurance.

Q: Is self-insurance the same as going without insurance? Why or why not?

A: The advantages of being self-insured area unit value savings and management of the insurance…

Q: When a life insurance policy lapses, it: a. benefits the insured b. benefits neither the insurer nor…

A: When insured person fails to pay the premium on insurance than it is said that policy has lapsed and…

Q: A life insurance company worries that people with low risk of dying will not buy insurance because…

A: The insurance company will generally end up losing a lot of money. If an insurance company takes an…

Q: Homeowners insurance provides coverage for:   Damages that the insured becomes legally obligated…

A: Homeowners insurance is a type of property insurance that provides coverage for damages to the…

Q: Pros and cons of long-term care insurance.   Discuss the pros and cons of long-term-care insurance.…

A: Long term care insurance: Long term care insurance means  an insurance that pays those costs that…

Q: What is a third-party payor, and how does the presence of such payors affect the financial…

A: Third party payor in healthcare entities is the payer, insurance company  or health agency not…

Q: Describe how an unrelated tenant in common or joint tenant should protect him- or herself from…

A: Please find the answer to the above question below:

Q: Blue Cross and Blue Shield are insurance companies that provide health insurance. True False

A: Insurance corporations are financial intermediaries which offer direct insurance or reinsurance…

Q: what type of insurance would i need if i went to the hospital

A: Medical expenses mean those expenses which are incurred by the people for the medical treatment.

Q: beneficiary of a life insurance policy is

A: Beneficiary of a life insurance policy is the person who receives money from the insurance company…

Q: What type of life insurance is the most appropriate when purchasing life insurance today? Explain

A: In life insurance is protection against death of persons for family behind So this is very important…

Q: ame a personal liability that someone might have and identify whether it's a current or long-term…

A: A person or organization's personal responsibility is the amount of money owed to them. Taxes,…

Q: The promises of the insurer are found in the insurance policy. True False

A: True. The insurance policy contains the terms, conditions, and promises made by the insurer to the…

Q: uge to or loss of a dwelling and personal property of of g protects the beneficiary against the…

A: The objective of the question is to understand the various aspects of insurance and how it works. It…

Q: How do insurance companies determine how much you should pay for your insurance coverage?

A: The amount of money paid for an insurance policy is termed as insurance premium. The premium is paid…

Q: We said in our Risk Management and Insurance Planning course that Traditional/Non-Guaranteed Life…

A: Risk Management and Insurance Planning courses often delve into the intricate world of life…

Q: The least expensive form of whole life insurance protection is:   A. limited payment. B. term. C.…

A: Whole life insurance or straight life insurance protects the life of the covered. Both life…

Q: Which type of life insurance allows for the owner to choose their investment accounts? Term life…

A: Life insurance is the contract between the policyholder and insurance company where the insurance…

Q: Discuss mortgage life insurance vs life insurance

A: Insurance - Insurance are the facility provided by the insurance company to secure the financial…

Q: a. Identify and explain the basic perils insured under a Standard Fire Policy. Name any three extra…

A: a. Standard fire insurance policy is the policy that is taken by the insured to cover the losses…

Q: 2. What are the major factors involved in determining how much life insurance coverage a person or…

A: Life insurance is a contract in which an insurance company commits to pay a set sum following the…

Q: What type of life insurance policy would give you investment choice?

A: Unit linked insurance plans (ULIP) is life insurance plans that having hybrid characteristics. This…

Q: What does the affordable care act do for those not insured?

A: Affordable Care Act is a comprehensive healthcare reform which has been introduced from March, 2010,…

Q: dissimilar to the other three options? d. Motor insurance b. Personal property insurance С. Life…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :

Q: Insuring clause in an Accident & Health policy states which of the following information? A. The…

A: There are different clause in the insurance policy that what is covered and what is not covered and…

Q: Indicate whether the statement is true, false, or unclear, and justify your answer.On average,…

A: Life insurance additionally presents a prepared market for testing the forecasts of the adverse…

Q: Would you be willing to forgo health insurance or a retirementplan for higher salary or wages? Why…

A: Insurance: Insurance can be defined as the contract between the insurer and the insured where the…

Q: Which type of insurance has no cash value? Term life insurance Universal life insurance Variable…

A: Insurance refers to the concept of creating a policy to safeguard any sort of financial risk by…

Q: What is Medicaid? Who is eligible for Medicaid? What are the various parts of the Medicaid plan?…

A: Given: Medicaid offers financial help to those whose income and resources are insufficient to cover…

Q: Name a peril that is often excluded from an home or auto insurance policy.  Why is the peril…

A: Insurance is a contract that compensates the insurer against loss from specific contingencies or…

Q: An advance health directive that allows a person to control what medical treatment he or she may…

A: In this question we need to choose the correct answer from the options given for the given…

Q: Supplemental coverage for homeowner's insurance is available through endorsements. Which one…

A: Supplemental coverage for homeowner's insurance is available through endorsements. These are the…

Q: How can moral hazard lead to more costly insurance premiums than one was expected?

A: Definition : Moral hazard : The risk of a person not entering into an agreement in good conscience…

Q: Having convertible term life insurance is especially be nealth issues as you age. True O False

A: In this type of policy insurance company allow to change term policy to whole life insurance policy…

Q: A "waiver-of-premium" clause: Select one: a. allows the person to purchase additional insurance at…

A: Insurance policies often come with various clauses to address specific circumstances and provide…