Risk acceptance Study guides, Class notes & Summaries

An Insurance company is the_____. correct answers Principle An insurance company issued a homeowners policy that included ambiguous language regarding how a loss was settled. The insured sued the insurance company and won. The judge stated that due to the ambiguous language in the contract the decision must be made in favor of the insured. The judge was basing this decision on which of the following types of insurance contract? correct answers Contract of adhesion The _____ page in an insu...

most effective infection control handwashing cleaning solution ratio 1:10 bleach to water lifting techniques know physical limitations keep weight in close lift with legs and back from squat position don't reach or pull power grip #1 cause of EMT Injury improper lifting First/Primary Concern Personal Safety Scope of Practice the procedures, actions, and processes permitted to undertake within the terms of their professional license CISM best c...

Abandonment - - Insurance company may choose to take damaged property and pay insured the value - Insured CANNOT surrender damaged property to insurance company Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the measures around it. (ex. Should we transfer it, retain it etc.) Admitted (standard or retail) Insurance companies - Regulated by the state, They often must subscribe to rating and form regulations of that state. Agent or Broker - "I...

Chapter 03 Financial Services: Finance Companies     
True / False Questions
  1. Finance companies differ from banks in that they do not accept deposits. 
TRUE   2. Finance companies have been among the slowest growing FI groups in recent years. 
FALSE   3. General Electric Capital Corporation (GECC) provides services to more than 15 million businesses and consumer is Asia alone. 
TRUE   4. In 2008, GE Capital Corporation accounted for approximately 50 percent...

Georgia Adjuster Exam Questions and Answers Already Passed An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Consequential also known as Indirect Loss The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bo...

Test Bank for Systems Analysis and Design, 8th Edition 8e by Alan Dennis, Barbara Wixom, Roberta M. Roth. Full Chapters test bank are included - Chapter 1 to 13 1 The Systems Analyst and Information Systems Development, 3 Introduction, 4 The Systems Analyst, 6 Systems Analyst Skills, 6 Systems Analyst Roles, 7 The Systems Development Life Cycle, 8 Planning, 10 Analysis, 11 Design, 12 Implementation, 12 Project Identification and Initiation, 13 System Reques...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2025 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are re...

Complete Solutions Manual for Business Law with UCC Applications, 16th Edition By Paul Sukys ; ISBN13: 9781264217939. Full Chapters included Chapter 1 to 34 + Problems and Cases included. Chapter 1: Ethics and the Law. Chapter 2: Sources of the Law. Chapter 3: The Judicial Process and Cyber-Procedure. Chapter 4: Alternative Dispute Resolution and Cyber-ADR. Chapter 5: Criminal Law and Cybercrimes. Chapter 6: Tort Law and Cybertorts. Chapter 7: The Essentials of Contract Law. Chapter 8: ...

At 3 months old, an infant should be receiving A. Breastmilk or infant formula B. Baby cereal for needed nutrients not in adequate amounts in breastmilk or formula C. Baby fruit juice to help infants become acquainted with new flavors and textures to promote food acceptance D. Only A and B CORRECT ANSWER A. Breastmilk or infant formula The correct statement about breastfeeding is A. Breastfed infants do not need supplemental iron or vitamin D while those who are given infant formula do n...

HCB 101 Test 1 "Corpsman Killer" 2023 COMPLETE EXAM. 1. What is TCRM?: Risk management concepts when time and resources are limited 2. What is the ABCD model?: A - Assess the situation B - Balance resources C - Communicate to others D - Do and Debrief the event 3. What is the ABCD model based on?: 1. fundamental scientific principles 2. ability to focus individuals 3. increase the situational awareness 4. improve performance in a time critical environment 4. Using the ABCD Model da...