Two typed of risk - Study guides, Class notes & Summaries

Risk - Answer uncertainty of a financial loss; 2 types Two typed of risks - Answer Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? - Answer You get to transfer financial risk left after passing to insurance company Law of large numbers - Answer the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner - Answer person who owns policy, pays premiums, and chooses the...

A woman has just had a spontaneous abortion. She asks the nurse, "Why did this happen?" The nurse is aware that the most common cause of spontaneous abortion is correct answers severe congenital abnormalities. Correct Chromosomal abnormalities account for about 50% to 60% of early spontaneous abortions. Other possible causes are various types of infections and maternal disorders. A pregnant woman should be taught that the first sign of a threatened abortion is usually correct answers va...

Risk - Answer--uncertainty of a financial loss; 2 types Two typed of risks - Answer--Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? - Answer--You get to transfer financial risk left after passing to insurance company Law of large numbers - Answer--the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner - Answer--person who owns policy, pays premiums, and choose...

Risk uncertainty of a financial loss; 2 types Two typed of risks Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? You get to transfer financial risk left after passing to insurance company Law of large numbers the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner person who owns policy, pays premiums, and chooses the beneficiary Insured the life of the person the policy covers (...

Risk uncertainty of a financial loss; 2 types Two typed of risks Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? You get to transfer financial risk left after passing to insurance company Law of large numbers the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner person who owns policy, pays premiums, and chooses the beneficiary Insured the life of the person the policy covers (...

Risk uncertainty of a financial loss; 2 types Two typed of risks Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? You get to transfer financial risk left after passing to insurance company Law of large numbers the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner person who owns policy, pays premiums, and chooses the beneficiary

Risk - Answer- uncertainty of a financial loss; 2 types Two typed of risks - Answer- Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? - Answer- You get to transfer financial risk left after passing to insurance company Law of large numbers - Answer- the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner - Answer- person who owns policy, pays premiums, and chooses the beneficia...

Exam 1 med surg study guide Unit 1 Specialty practice of medical-surgical nursing Promote, restore, or maintain optimal health for patients 18 years and older Nurses must have knowledge, skills, an d attitudes to be Care coordinators Transition managers Caregivers Pt educators Leaders Advocates for the pt and family The joint commission: effective care coordination and transition management Understandable discharge instructions for the patient and family Explanation of self-care activities Ongoi...

Risk uncertainty of a financial loss; 2 types Two typed of risks Pure (Insurable) and speculative (uninsurable) Benefits of purchasing insurance? You get to transfer financial risk left after passing to insurance company Law of large numbers the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted Policyowner person who owns policy, pays premiums, and chooses the beneficiary Insured the life of the person the policy covers (co...

Primerica Life Insurance Exam with correct solutions Risk Two typed of risks Benefits of purchasing insurance? Law of large numbers Policyowner Insured Insurer Beneficiary What does having life insurance create or do? Estate Premium Proceeds Synonyms/ other names for proceeds Are the proceeds taxed? Step 1 of how life insurance works Step 2 of how life insurance works Step 3 of how life insurance works Insurance producers Requirements for insurance prod...