Declined risks - Study guides, Class notes & Summaries

Insurance transaction includes: -ANSWER By mail or other means: - Solicitation - Negotiation - Sale - Advising an individual about coverage Elements of a legal contract -ANSWER -Agreement (offer and acceptance) - Consideration - Competent parties - Legal purpose - Negotiation does NOT need to happen Who make the offer in an insurance application -ANSWER - Applicant When does acceptance take place -ANSWER - An insurers underwriter approves the application and issues a policy ...

AREC 365 Final Exam Questions and Answers T/F; Average life-expectancy at birth is equal for men and women -Answer-false what are the three factors for explaining low savings by the poor -Answer-money may be lost or stolen, saving options like banks may not exist, temptation to increase consumption in both "goods" and "bads" according to Banerjee and Duflo, individuals living in households where the consumption per capita is less than USD 1.08 per person per day in PPP terms are class...

FAD 4451 Chapter 9 Test Questions with Answers All Correct Adolescence: masturbation - Answer-For boys ages 13-15, there is a sharp increase in the incidence of masturbation For girls, masturbation is much more gradual and continues past adolescence Adolescence: same gender sexual behavior - Answer-Sexual identification as a sexual minority person typically occurs between 14-21 - at somewhat younger ages for boys - between the ages 15-19, 7% of girls and 2% of boys engages in oral sex...

Neoadjuvant therapy does not increase survival when compared to adjuvant therapy. It only changes the timing of treatment and can change surgical options if the tumor is shrunk enough. If this occurs, the patient may only require a lumpectomy plus radiation therapy instead of needing a mastectomy - Correct answer-Main benefit of neoadjuvant chemotherapy (breast cancer patient) A comprehensive geriatric assessment (CGA) is a multidisciplinary evaluation to assess life expectancy and risk of...

T/F; Average life-expectancy at birth is equal for men and women - correct answer-false what are the three factors for explaining low savings by the poor - correct answer-money may be lost or stolen, saving options like banks may not exist, temptation to increase consumption in both "goods" and "bads" according to Banerjee and Duflo, individuals living in households where the consumption per capita is less than USD 1.08 per person per day in PPP terms are classified in which group - co...

Examples of critical think/nursing judgment - critical analysis (clarify!) questioning reasoning- inductive and deductive making inferences differentiating facts about opinions evaluating credibility of info sources clarifying concepts recognizing assumptions How do you communicate with Hearing-Impaired Patients? - Speak clearly, be in eye-sight, be patient. Don't assume cognitive ability is declined Translator? How does the nurse develop an accurate patient problem list? - critical ...

Life & Health Insurance Exam (Answered) With Complete Solution 100% Rated Insurance transfer of risk Speculative risk has a possibility of both loss and gain Pure risk only has a possibility of loss (no gain) Exposure risks for which an insurance company would be liable expressed in units Peril cause of a loss Hazard an increase in the chance of loss Moral hazard arise from people's character (faking a loss) Morale hazard state of mind or careless attitude (accidentally lea...

Backdating is usually no more than __ months. six What are the required signatures for life insurance application? insured, producer/agent, and applicant What are the characteristics of a 'conditional' receipt? -premium paid with application -insurance effective later of: date application completed and signed or medical exam (if required) -must be standard or preferred risk (can be determined after death) What are the characteristics of a 'binding' receipt? it is t...

A 46-year-old man is currently enrolled in a Phase 2 study of a drug for severe diabetic neuropathy. While the study is on-going, a new drug becomes commercially available that may have equal or greater benefit to the subject. The investigator should do which of the following? - ️️Give the subject comprehensive information about the new drug, including its side effects. Discuss the pros and cons of both the investigational drug and the commercially available drug and then allow the subject t...

Table of Contents 1. Introduction.............................................................................................................................................2 2. Uncertainty and skin in the game............................................................................................................2 3. Organizational examples.........................................................................................................................4 4. Ethical Symmetry..........