Compulsory income Study guides, Class notes & Summaries

Bryce purchased a disability income policy with a rider that guarantees him the option of purchasing additional amounts of coverage at predetermined times without requiring to provide evidence of insurability. What kind of rider is this? A.) Guaranteed insurability rider B.) Additional coverage rider C.) Paid-up option rider D.) Extended insurability rider Guaranteed insurability rider All of the following are included as part of a contract in the entire contract provision EXCEPT the: A....

General Insurance Level 1 License – Alberta Questions with Verified Solutions Liability policies insure bodily injury and property damage on an occurrence basis. This includes coverages for unexpected injury and damage which happens... ...suddenly, over long periods of time. When not named on the insurance policy, partners in a common law relationship will be entitled to coverage only when they are able to prove that... they were living with the Named Insured in a conjugal relati...

Intergovernmental Joint Use - ️️An agreement between two public agencies in usual Goal - ️️A statement of desired outcomes obtained from participating in the program Qualitative - ️️Focus Group is an example of what kind of data? Qualitative - ️️Observation is an example of what kind of data? Statement of agency or unit programming philosophy - ️️The overall rationale for this agency's involvement in programming. Collaborations - ️️A short-term relationshi...

AINS 102 LATEST UPDATE GRADED A+ Property loss exposure A condition that presents the possibility that a person or an organization will sustain a loss resulting from damage (including destruction, taking, or loss of use) to property in which that person or organization has a financial interest. Real property (realty) Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal property All tangible or intangible ...

SOLUTION MANUAL FOR Principles of Taxation for Business and Investment Planning 2020 23rd Edition by Sally Jones, Shelley Rhoades Catanach || Latest 2024 A+ SOLUTION MANUAL FOR Principles of Taxation for Business and Investment Planning 2020 23rd Edition by Sally Jones, Shelley Rhoades Catanach Chapter 1 Taxes and Taxing Jurisdictions Questions and Problems for Discussion 1. Tax payments differ from government fines and penalties because they aren‘t intended to deter or punish unaccepta...

CAIB 1 - Chapter 6 Practice Questions and Answers 100% Pass What types of claims are paid out under Death & Injury - Answer- court awards to innocent victims and their families, death benefits and funeral expenses, medical payments, rehabilitation costs, loss of income What types of claims are paid out under Damage to Property - Answer- Collision, Comprehensive Why is auto insurance compulsory in all provinces? - Answer- It is unlikely that people would voluntarily purchase insurance thu...

Common School Movement (1837) - correct answer Pioneered by Horace Mann, MA; Movement to have all children regardless of background, taught in a common place; Socialize the poor and working classes. Began in MASS 1837 Compulsory Attendance Laws (1852) - correct answer First state law (MA) requiring attendance of students; Must attend 12 weeks/year, 6 consecutive weeks to promote a good society.......... Parens patriae - correct answer may restrict parents' control by requiring schoo...

Alabama Property and Casualty Insurance Questions and Answers Graded A 2 reasons - No Flood Catastophic, adverse selection Watercraft Policy Open cockpit, 26 feet or less in length Absolute Liabilty Strong Liklihood of harming others Intervening Cause Disruption in chain of events Negligence LBPD - Legal Duty Owed, Breach of Legal Duty, Proximate Cause, and Damages. 25 mph What is the maximum horesepower a boat can have and be covered under a H.O. Policy Personal Liability Coverage Single ...

Ohio Health Insurance Exam Questions and Answers 100% Correct Bryce purchased a disability income policy with a rider that guarantees him the option of purchasing additional amounts of coverage at predetermined times without requiring to provide evidence of insurability. What kind of rider is this? A.) Guaranteed insurability rider B.) Additional coverage rider C.) Paid-up option rider D.) Extended insurability rider - Answer ️️ -Guaranteed insurability rider All of the following are...

CPCU 553 Exam Questions and Answers | 100% Correct| 2024 Updated Special Damages - Answer️️ -form of compensatory damages for specific, identifiable losses Type of risk transfer - Answer️️ -Insurance; Hold Harmless Agreements; Hedging Unemployment Compensation Program - Answer️️ -sponsored by all states; 2/3 of all previous income Six approaches to compensation of auto victimes - Answer️️ -Tort Liability; Financial Responsibility Laws; Compulsory Insurance Laws; Uninsured ...