Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest i got B

23,197 results
  1. statistic

    Jim has a 5-year-old car in reasonably good condition. He wants to take out a $30,000 term (that is, accident benefit) car insurance policy until the car is 10 years old. Assume that the probability of a car having an accident in the year in which it is x

  2. Finance

    An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

  3. Insurance

    Of 500 employees of a firm 280 have a life insurance policy ,400 have a medical insurance cover and 200 participate in both programs. 1)what is the probability that a randomly selected employee will be a participant in at least one of the two programs ?

  4. Economics

    The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

  5. Accounting

    On March 1, 2003, a company paid a $16,200 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table: Check 2005 insurance expense: Accrual, $5,400; Cash, $0. Dec. 31,

  6. Economics

    1. (TCO 3) Which of the following is most likely to be an implicit cost for Company X? (Points : 1) Forgone rent from the building owned and used by Company X Rental payments on IBM equipment Payments for raw materials purchased from Company Y

  7. math

    There was water damage to personal property in a home. The items damaged were originally priced at $4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

  8. Math

    There was water damage to personal property in a home. The items damaged were originally priced at $4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

  9. managerial economics

    Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage, life insurance equal

  10. Financial Accounting

    Prepare adjusting journal entries for the year ended December 31, 2011 for each of the independent situation in (a) to (f). Assume that prepaid expenses are initially recorded in asset accounts. Assume that fees collected in advance of work are initially

  11. insurance

    of 500 employees a firm 280 have a life insurance policy, 400 have a medical insurance cover and 200 participate in both programmes. what is the probability that a randomly selected employee will be a participant in at least one of the two programs (ii)

  12. business and finance

    The property of Al’s garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much

  13. Math

    There was water damage to personal property in a home. The items damaged were originally priced at $4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

  14. Finance

    An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

  15. probability

    An insurer offers a health plan to the employees of a large company. As part of this plan, the individual employees may choose two of the supplementary covaerges A, B and C or they may choose no supplementary coverage. The proportions of the company's

  16. math

    When starting an automobile insurance plan, there are many factors that will determine the premium paid by the policyholder. Part one: What are some of the coverage choices (options and levels of coverage) the policyholder can make that would lead to a

  17. Critical Thinking

    When the interests of politicians or big business moguls coincide with those of the masses which of the following is the consequence? coverage of events will be leaked coverage of events will be automatic coverage of events will be cancelled coverage of

  18. medical records

    Compare cost control strategies of employer-sponsored (employers buy from insurance companies) to self-funded (employers cover costs of benefits) health plans. Include the following factors: Riders Enrollment periods Provider networks Third party

  19. Health care

    Please check my answer thanks :) You own a company in a state where state funds are not mandated for employee health insurance. What's one option for providing your employees with health care coverage for work related injuries. 1 Medicaid plans 2.

  20. Medical Billing and coding

    You own a company in a state where state funds aren't mandated for employee health insurance. What's one option for providing your employees with health care coverage for work related injuries? A. Medical plans B. Referrals to other network groups C.

  21. week 7

    Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to prepare a report to persuade your company administrators that adding tuition reimbursement for

  22. insurance form preparation

    What form should be attached to a CMS-1500 form submitted to a secondary insurance company? A. a copy of the CMS-1500 sent to the primary insurance company. B. An Explanation of Benefits (EOB) C. a copy of the patient's medical treatment record. D. a copy

  23. Finance

    An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

  24. medical billing

    for medicaid cases there is no assignment of benefits unless the patient has other insurance in addition to medical. true or false 2. a two or three form that incorporates a bill, insurance form,and routing document used both computer and paper based

  25. probability

    An insurer offers a health plan to the employees of a large company. As part of this plan, the individual employees may choose two of the supplementary covaerges A, B and C or they may choose no supplementary coverage. The proportions of the company's

  26. Computer technology

    To explain why “commonality” is important,the 2000 Presidential election was affected by apparently confusing punch cards in Florida. In that scenario, the interaction of humans with technology failed to prove consistent and resulted in a recount that

  27. algebra

    Bayside insurance offers Giselle a two part insurance coverage. She has to pay the first $50, plus 40% of the remaining bill. How much would her medical bills be in bills in order for paln B to save her money?

  28. Health

    I have revised this some. Please take a look and let me know how I can make it better thanks. How do you think the United States aligns with the health systems of other countries? Identify components from other countries that you would like to be

  29. math

    of 500 employees, 200 participate in a company's profit- sharing plan (P), 400 have major-medical insurance coverage (M). and 150 employees participate in both programs. Construct a Venn diagram and find out the probability that a randomly-selected

  30. Algebra

    Leith bought a homeowner's insurance policy when he purchased his new home. He pays an annual premium of $775 for property coverage of $250,000 and liability coverage of $350,000. His deductible is $1,300. Leith pays this premium for 11 years, at which

  31. 12th grade Economics

    The chapter states that the elderly population in the U.S. is growing more rapidly than the total population. In particular, the number of the total workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

  32. accounting

    A company has an insurance policy for fifty thousand dollars that is due. How is this set up when the company does not pay it in full. It is paid monthly to an insurance premium company within one year. How do we set it up on the company books? There is a

  33. Statistics

    A consumer agency wanted to investigate if four insurance companies differed with regard to the premiums they charge for auto insurance. The agency randomly selected a few auto drivers who were insured by each of these four companies and had similar

  34. Home insurance

    Another term that means the same thing as "insurance company"is: A."insurance agent" B."insurance broker" C."the insurer" D."the insured" I got b.

  35. RE: adjusting entry

    Can someone help me prepare an adjusting entry for the following> Prepaid insurance account had 4,000 balance on December 31, 2007. An analysis of insurance policies shows that 1,200 of unexpired insurance benefits remain at December 31, 2008. Prepaid

  36. Personal Finance

    What are some coverage characteristics of auto, health, like, disability, and and life insurance?

  37. Insurance.

    Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest.

  38. insurance

    Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest. I think it might be C.

  39. help please :)

    Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest i got B.

  40. financial securities

    Cat Bonds An insurance company has sold insurance to cover damage that arises from hurricanes in the South Texas area. If a hurricane occurs, the insurance company is faced with losses as it pays out claims. The magnitude of the losses will depend on many

  41. economics

    Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage, life insurance equal

  42. personal finance

    Nathaniel has three different insurance policies.He has been injured in an accident and has incurred $30,000 in medical bills.There is a clause in all of his insurance contracts that makes sure he receives no more than $30,000 in payments from his

  43. medical reimbursement methodologies

    PLease check my answer thanks One option for providing your employee with health care coverage for work-related injuries is (this is in a state where you own a company where funds are not mandated for employee healh insurance) 1 self insurance coverage 2

  44. math

    helping lil bro with homework and he forgot to bring his books home and I cant remember anything 1. The word “risk” is used often in insurance discussions. Assume you have an apartment and how likely you are to buy Renter’s Insurance? 2. When you buy

  45. Economyst or anyone please

    Can someone help me on this? Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show him where, in his auto policy,

  46. History of health care

    Please check my answer thanks :) You own a company in a state where state funds are not mandated for employee health insurance. What is an option for providing your employees health care coverage for work related injuries I am not to sure about this one I

  47. financial resources

    Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show him where, in his auto policy, each of his losses might be

  48. Health Information

    You own a company in a state where state funds aren't mandated for employee health insurance. What's one option for providing your employees with health care coverage for work-related injuries? a. medicaid plans b. referrals to other network groups c.

  49. Economics

    a. If total expenditures (Social security) were frozen, what would happen to benefits per retiree? To tax payments per worker? (Assume that social security taxes and receipts are balanced in each year) b. If benefits per retiree were frozen, what would

  50. financial resources

    Assignment Type: Discussion Board Deliverable Length: 2-3 paragraphs Points Possible: 55 Due Date: 5/18/2008 11:59:59 PM CT Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in

  51. finance

    insurance matrix, Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto Home Health Disability Life what do they mean by the functions

  52. math

    When you buy auto insurance, you have a choice of buying a full coverage policy or a basic “state minimum” policy. The difference is what gets paid for if you cause an accident. A full coverage policy will pay to fix or replace your car after you pay a

  53. Insurance Forms

    I need help with a few questions. Could you let me know if I'm going in the right direction. 1- CHAMPVA would be considered a primary payer for a patient who has ______ coverage. A- Medicaid B- fee-for-service C- Medicare D- SSI Answer: A 2- You should

  54. business law

    can someone who is knowledgeable in business law please check my answers thank you. 1.)insurance that pays for damage from some type of impact to the insured 's own car is? a.property damage liability insurance b.comprehensive insurance c.collision

  55. Business law

    can someone who is knowledgeable in business law please check my answers thank you. 1.)insurance that pays for damage from some type of impact to the insured 's own car is? a.property damage liability insurance b.comprehensive insurance c.collision

  56. math

    Renter’s Insurance protects a person who is renting an apartment from losses or damages that can occur in the apartment setting. Give two examples of things that could happen in an apartment that would be protected by having renter’s insurance.

  57. Health insurance

    please check my answer thanks If both nondivorced of a dependent child have insurancce that will cover that child , which policy is considered to be the primary carrier for the child ? A the mother's insurance B the father's insurance C The coverage that

  58. accounting

    what would happen if a company had both interest payments and lease payments

  59. Personal Finance

    PLEASE HELP ME ASAP!!!!!!!!!!!! 32. Which is not a horrible mortgage option? a. ARM b. Conventional c. Reverse mortgage d. Balloon I answered c and I am not sure if that is right or not. 33. Why do you plan for retirement instead of relying on Social

  60. Reimbursement Methodologies

    Could someone please check my answers for me..Thanks 1. Mary needs Medicaid coverage. Where should she start looking for information to determine her eligibility? A. The local hospital social services department B. Her employer C. The federal government

  61. reimbursement methodologies

    Could someone please check my answers for me..Thanks 1. Mary needs Medicaid coverage. Where should she start looking for information to determine her eligibility? A. The local hospital social services department B. Her employer C. The federal government

  62. Finance

    The Mutual Assurance and Life Company is offering an insurance policy under either of the following two terms: a. Make a series of 12 payments of 1,200 at the beginning of each of the next 12 years (the first payment being made today) b. Make a single

  63. Reimbursement methodologies

    Which insurance coverage was created to allow coverage for options that are not covered under Medicare A & B

  64. XCOM/285

    Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to prepare a report to persuade your company administrators that adding tuition reimbursement for

  65. Statistics

    An insurance company estimates 40 percent of its claims have errors. The insurance company wants to estimate with 90 percent confidence the proportion of claims with errors. What sample size is needed if they wish to be within 5 percent of the actual?

  66. Health Writeacher

    The United States healthcare system does not align with other systems internationally. The U.S. spends a lot on healthcare but there is still a significant amount of people who continue not to have health coverage. The US has Private health insurance

  67. Question Finance

    November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only $30 million of liability insurance. One month after the fire, the hotel bought an extra $170 million of liability coverage for

  68. Take a look Ms Sue

    November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only $30 million of liability insurance. One month after the fire, the hotel bought an extra $170 million of liability coverage for

  69. finance

    November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only $30 million of liability insurance. One month after the fire, the hotel bought an extra $170 million of liability coverage for

  70. med coding

    whats one option for providing your employees with health care coverage for work related injuries? medicaid plans, medical savings plans, self insurance coverage or referrals to other networks

  71. Intermediate Accounting

    I am having a hard time calculating this my question is On April 1, 2011, the company paid an insurance company $4,000 for a two-year fire insurance policy. The entire $4,000 was debited to insurance expense. How do I calculate?

  72. Accounting

    On April 1, 2009, the company paid an insurance company $5,000 for a two-year fire insurance policy. The entire $5,000 was debited to insurance expense. What is the Dec. 31, 2009 adusting journal entry? Prepaid Insurance xx Insurance expense xx I can't

  73. Statistics

    A consumer agency wanted to investigate if four insurance companies differed with regard to the premiums they charge for auto insurance. The agency randomly selected a few auto drivers who were insured by each of these four companies and had similar

  74. economics

    (Insurance) Let X = R+. Consider a house owner whose house has a risk of burning down with probability 0.001. If the house burns down it is worth $0 otherwise it is worth $1 million. The owner of the house is an expected utility maximizer with a vNM

  75. home insurance

    The amount you pay out of pocket before your health insurace policy begins to take over payments is called your: A.premium B.deductible C.liaility D.insurance i got C

  76. economy

    a) Minimizing Losses: Whether a firm suffering losses decides to produce or not to produce in the short run depends on the benefits and costs of continuing production. Explain.

  77. XCOMM 285

    Assignment: Tuition Reimbursement Implementation Report · Review the following scenario: Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to

  78. business

    After receiving a positive response from StopNShopToday, Inc. management about the recommendations for the incentives and performance appraisal projects, the HR generalist has been assigned a project that will prove to be very challenging: assessing the

  79. Statistics Help Please

    How do I tell if this is a mean or a proportion 1. Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. The insurance company knows that, last year, the life expectancy of its policyholders was

  80. Economics

    The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

  81. medical insurance forms

    please check my answer thanks When should you submit a cliam to a secondary insurance company ? A when a primary insurance company returns a cliam for correction B when the patient says it is ok C At the smae time you sumbit the claim to the primary

  82. personal finance

    John T. works on the assembly line at an automobile factory. One day he falls off the roof of his house while cleaning the gutters and injures his back. He learns he will be off his job for almost a year while his back heals. Which of the following

  83. Labor Relations

    1. The Local Roofers' Union makes an agreement with management for guaranteed raises each year of no less than 3% of their pay for the next two years in exchange for a reduction in their medical benefits coverage. This is called A. an interest dispute. B.

  84. acounting

    a) the cash payments journal used in this problem has only 3 special amount columns. Under what circumstances would you recommend that additional special amount columts to be added to a cash payments journal? b) When insurance premiums are paid, should the

  85. sorry here is my answer

    I think it's Self insurance coverage

  86. accounting

    At the end of April, ABC company had a balance of $37,910 in vacations benefits payable account. During May, employers earned an additional $2,790 in vacation benefits, but some employee used vacation days amounting to $2,050 of vacation benefits.. The

  87. english

    Please Correct punctuation errors, only. Thank you! Subject: Policy 27380 Your insurance program, Policy 27380 is enclosed. We advise you to add this valuable document to your other important papers. Please review your certificate carefully. If you have

  88. Economics(pls Help)

    Zoe Goggles is a deep sea underwater photographer. Her camera and lenses are valued at $4,000. There is a chance of 1/20 that she will lose her equipment on a dive over the course of the year. Her wealth, including the value of her equipment, is $30,000.

  89. math

    A 28-year-old man pays $192 for a one-year life insurance policy with coverage of $150,000. If the probability that he will live through the year is 0.9989, what is the expected value for the insurance policy?

  90. math

    David Salter has a personal automobile policy ( PAP) with coverage of $ 25,000/$ 50,000 for bodily injury liability, $ 25,000 for property damage liability, $ 5,000 for medical payments, and a $ 500 deductible for collision insurance. How much will his

  91. Business Finance

    The property of Al's garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much

  92. Business Finance

    The property on Al's garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much

  93. business math

    The property of Al’s garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much

  94. Accounting

    Exercise 3-7 Determining assets and expenses for accrual and cash accounting C2 On March 1, 2003, a company paid a $16,200 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the

  95. English

    I am writing an essay and I would like to know if I did this right. The source I got it from wasn’t a complete sentence but said free health insurance coverage for employee and family. In my essay I wrote “Pediatric Residency Program” continued that

  96. math

    Assume that Mary Boyle had a homeowner’s insurance policy with $ 150,000 of coverage on the dwelling. Would a 90 percent co- insurance clause be better than an 80 percent clause in such a policy?

  97. ACCOUNTING help

    how to post On March 1, 2003, a company paid a $16,200 premium on a 36- month insurance policy for a coverage beginning on that date. Refer to that policy and fill in the blanks in the following table: Balance Sheet Insurance Asset Using Accrual Cash Basis

  98. statistics

    Drivers pay an average of (mean $690) per year for automobile insurance the distribution of insurance payments is approximately normal with a standard deviation of 110 dollars. What proportion of drivers pay more than 100 dollars per year for insurance?

  99. statistics

    Drivers pay an average of (mean $690) per year for automobile insurance the distribution of insurance payments is approximately normal with a standard deviation of 110 dollars. What proportion of drivers pay more than 100 dollars per year for insurance?

  100. critical thinking

    When the interests of politicians or big business moguls coincide with those of the masses which of the following is the consequence? Answer coverage of events will be slanted coverage of events will be automatic coverage of events will be cancelled

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