Homework Answers
The reason underlying the use of coinsurance clause in property insurance is to avoid inequity and encourage insured to insure their property with a reasonable amount of insurance in relation to the replacement value of the property.It determines what percentage of the value of the property must be insured in order to receive the full reimbursement of the loss.It does not come into affect until any loss happens.
Other way to receive full reimbursement of loss is by opting for Agreed Value Option. Under this option a value is agreed between the insurer and the insured for the property at the beginning of the policy period.A statement of values need to be submitted by the insurer at the beginning of the period and thereafter annually.
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Q Discussion 6.3 Explain the reasoning underlying the use of the coinsurance clause in property insurance....
A property insurance policy is written with a 90 percent coinsurance clause and a policy limit...
A property insurance policy is written with a 90 percent coinsurance clause and a policy limit of $60,000. The actual replacement cost of the structure, less depreciation, is found to be $100,000. What amount may be collected under this policy if a total loss occurs? 0 A $60,0000 0 B $66,666 0 C $100,000 o D None of the above T7 Fullscree
Which one of the following is TRUE about the concept of "coinsurance": For property insurance, the main purpose of...
Which one of the following is TRUE about the concept of "coinsurance": For property insurance, the main purpose of coinsurance is to get policyholders to share costs with insurers after the deductible is reached. For health insurance, the main purpose of coinsurance is punish policyholders for under insuring. For health insurance, coinsurance is used as an incentive for policyholders to use in-network providers. None of the above are TRUE. 26. а. b. с. d. 27. Which one of the following...
Week 12: Discussion - Coding Skin Disorders Code the following skin condition. Explain your reasoning. Diagnosis:...
Week 12: Discussion - Coding Skin Disorders Code the following skin condition. Explain your reasoning. Diagnosis: Pilonidal fistula with abscess Response Guidelines In addition to your initial response, read the posts of other students and respond to at least one other student with views that differ from yours. Initial discussion due by Wednesday, midnight. Responses due by Sunday, midnight. Note: Student should use their own (original) thoughts and opinions when responding to the discussions. Do not copy-paste unoriginal work as...
Insurance coverage relies on 1. the law of large numbers, meaning Events that are statistically difficult...
Insurance coverage relies on 1. the law of large numbers, meaning Events that are statistically difficult to predict for a specific individual are more predictable for a large number of individuals b. Events that are statistically difficult to predict for a large number of individuals a. predictable are more individual. for an Insurers can statistically predict whether an individual will suffer a loss more accurately than they statistically predict whether a large number of individuals will suffer losses. d. C....
//img.homeworklib.com/questions/47af8930-7488-11ea-9488-a9a0c222f67f.jpg Required: a-1. Find the discussion of Property, Plant, and Equipment and depreciation methods used by...
//img.homeworklib.com/questions/47af8930-7488-11ea-9488-a9a0c222f67f.jpg
Required: a-1. Find the discussion of Property, Plant, and Equipment and depreciation methods used by Campbell's. Use data from the Campbell Soup Company annual report Straight-line method Double declining method Written down value method a-2. Why the particular method is used for the purpose described. Straight-line depreciation is used for financial reporting purposes because depreciation expense will be lower than under any of the accelerated depreciation methods. Straight-line depreciation is used for financial reporting purposes because depreciation expense will...
When asked to explain, please do so using 3-5 complete sentences, written out in words. Be...
When asked to explain, please do so using 3-5 complete sentences,
written out in words. Be thorough in your explanations and address
all parts of the problem completely.
Note: This problem is relevant to principles taught first in
the 3rd grade, where only the formula of a rectangle is known.
Therefore, do not use formulas for any other plane shapes or the
Pythagorean Theorem.
3. An area problem: The Johnsons are planning to build a 5-foot-wide brick walkway around their...
Please use C++ only Purpose : This stage involves recursion and recursion-like reasoning in coding while...
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You operate a restaurant in the state of Vireinia, The restaurant offers a diverse menu of...
You operate a restaurant in the state of Vireinia, The restaurant offers a diverse menu of locally sourced recipes. The food industry has awarded your restaurant with many culinary achievement awards over the years. In addition to fine food, vour facilities include an upscale sports bar which serves alcoholic beverages in a bar/lounge environment. You employ a head chef and six other food preparation staff. Your location employs wait staff, dishwashers, hostesses and hosts, and managers. Operations include deep fat...
Q) MyBooks is an android application has a homepage "Activity_MyBooks.xml" that shows a simple li...
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PLEASE SHOW ALL WORK AND TO USE PSPICE AND FOLLOW ALL DIRECTIONS. STUDENT ID=378564 Assignment: 1....
PLEASE SHOW ALL WORK AND TO USE PSPICE AND FOLLOW ALL
DIRECTIONS.
STUDENT ID=378564
Assignment: 1. For the Circuit 1 shown below: A. Analyze the circuit by hand as described in the textbook. B. Analyze the circuit using PSPICE as follows: Use a Bias Point analysis to find the quantities found in part A above. Be sure to add text to the schematic as indicated in the Sample Report. Adjust the placement of each value on the schematic so that...
A property insurance policy is written with a 90 percent coinsurance clause and a policy limit of $60,000. The actual replacement cost of the structure, less depreciation, is found to be $100,000. What amount may be collected under this policy if a total loss occurs? 0 A $60,0000 0 B $66,666 0 C $100,000 o D None of the above T7 Fullscree
Which one of the following is TRUE about the concept of "coinsurance": For property insurance, the main purpose of coinsurance is to get policyholders to share costs with insurers after the deductible is reached. For health insurance, the main purpose of coinsurance is punish policyholders for under insuring. For health insurance, coinsurance is used as an incentive for policyholders to use in-network providers. None of the above are TRUE. 26. а. b. с. d. 27. Which one of the following...
Insurance coverage relies on 1. the law of large numbers, meaning Events that are statistically difficult to predict for a specific individual are more predictable for a large number of individuals b. Events that are statistically difficult to predict for a large number of individuals a. predictable are more individual. for an Insurers can statistically predict whether an individual will suffer a loss more accurately than they statistically predict whether a large number of individuals will suffer losses. d. C....
//img.homeworklib.com/questions/47af8930-7488-11ea-9488-a9a0c222f67f.jpg
Required: a-1. Find the discussion of Property, Plant, and Equipment and depreciation methods used by Campbell's. Use data from the Campbell Soup Company annual report Straight-line method Double declining method Written down value method a-2. Why the particular method is used for the purpose described. Straight-line depreciation is used for financial reporting purposes because depreciation expense will be lower than under any of the accelerated depreciation methods. Straight-line depreciation is used for financial reporting purposes because depreciation expense will...
When asked to explain, please do so using 3-5 complete sentences,
written out in words. Be thorough in your explanations and address
all parts of the problem completely.
Note: This problem is relevant to principles taught first in
the 3rd grade, where only the formula of a rectangle is known.
Therefore, do not use formulas for any other plane shapes or the
Pythagorean Theorem.
3. An area problem: The Johnsons are planning to build a 5-foot-wide brick walkway around their...
You operate a restaurant in the state of Vireinia, The restaurant offers a diverse menu of locally sourced recipes. The food industry has awarded your restaurant with many culinary achievement awards over the years. In addition to fine food, vour facilities include an upscale sports bar which serves alcoholic beverages in a bar/lounge environment. You employ a head chef and six other food preparation staff. Your location employs wait staff, dishwashers, hostesses and hosts, and managers. Operations include deep fat...
PLEASE SHOW ALL WORK AND TO USE PSPICE AND FOLLOW ALL
DIRECTIONS.
STUDENT ID=378564
Assignment: 1. For the Circuit 1 shown below: A. Analyze the circuit by hand as described in the textbook. B. Analyze the circuit using PSPICE as follows: Use a Bias Point analysis to find the quantities found in part A above. Be sure to add text to the schematic as indicated in the Sample Report. Adjust the placement of each value on the schematic so that...
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