Risk accumulation - Study guides, Class notes & Summaries

Segregated Funds & Annuities Mock Exam Latest Update Graded A+ Group Registered Retirement Savings Plan (GRRSP) GRRSPs offer investors a limited variety of investment choices, but they have lower fees compared with individual RRSPs. Cancellation of Segregated Fund Contract An investor may cancel or rescind the segregated fund contract in writing within the specific time limitation set by the insurer providing the contract. Two days is the usual length of time permitted. The investor receives th...

Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n) Answers>>Guaranteed insurability rider A guaranteed insurability rider allows for the insured to purchase additional insurance at specific dates or events without evidence of insurability. Disability Income plans which require that the insurer can NEVER change or alter premium rates are usually considered Answers&...

What is insurance? correct answer: Insurance transfers the risk of loss from an individual or business entity to an insurance company, which in turn spreads the costs of unexpected losses to many individuals. What is risk? correct answer: Risk is the uncertainty or chance of a loss occurring. What is peril? correct answer: Perils are the causes of loss insured against in an insurance policy. What are the elements of insurable risk? correct answer: Loss must be 1. due to chance 2....

Accident - Answer-A sudden event, unforeseen and unintended Claim - Answer-A demand for payment under the insurance policy Absolute assignment - Answer-A transfer by the policy holder of all control and rights to a third party Accident and Sickness - Answer-Insurance against bodily injury, disability or death by accident, or against disability or expense resulting from sickness, and the insurance relating thereto Accidental Means - Answer-The unexpected cause of an accidental bodily injury....

Which clause allows the insured to change an existing policy to any other policy of any type as long as the new policy has a higher premium, without any proof of insurability? - correct answer Privilege of change clause The extended term nonforfeiture option provides: - correct answer Paid-up term coverage equal to that of the original policy With a collateral assignment of a life policy to a creditor: - correct answer You assign a partial amount of the policy values to the creditor An ...

Drugs that PRODUCE a response - agonist Drug that PREVENT or block a response - antagonist Therapeutic WINDOW is what? - level of the drug between minimal effective concentration in the plasma for obtaining desired drug response and the minimal toxic concentration The time it takes for one half of the drug concentration to be eliminated from the body is called? - half life what is a patient on two highly protein bound drugs at risk for? - accumulation and toxicity a decreased responsivene...

Pt on heparin in hospital setting. Why start coumadin 2 days before dc? Because coumadin needs a couple days before it starts working. Angina: bc pts dev tolerance to long-acting nitroglycerine w/i 1 day. How to prevent? Pts must have 8hrs with no nitroglycerine every days. Hint: At night, remove nitro patch bc no risk of exertional angina Underlying cause of angina coronary disease, athlerosclerosis Why do we give aspirin in pts w/atherosclerosis? Aspirin is an antiplatelet.. Prevents the exist...

TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns are all benefits of ef...

BPK 110 Final Review Questions and Answers 2024 with complete solution Differentiate between complete and incomplete proteins and provide typical sources of each. - Answer ️️ -Complete proteins: Have all nine essential amino acids. Ex. Animal sources of protein (milk, meat) Incomplete proteins: Lack one or more of the essential amino acids. Ex. Plant sources of proteins (legumes) Describe the molecular structure of proteins and the four levels of protein structure. Which bonds are es...

The overarching element of any planning process is the: Organizations vision Cimetidine can increase the risk of bleeding in a patient receiving Warfarin therapy by what MOA? Inhibition of warfarin metabolism Prior to entering a pharmacy clean room a pharmacist must be wearing: Shoe coverings pH at the surface of normal skin: 4.5-5.5 The standard of substituted judgement as it relates to situations when a patient is unable to express treatment preferences: A fami...