A person would most likely be able to justify the added cost of flood
insurance in which situation?
A. The person plans to move to an area far from the coast.
B. The person lives in an area that experiences hurricanes.
C. The person has homeowner's insurance that covers floods.
D. The person is in poor health and often goes to the hospital.

Answers

Answer 1

Answer:

B. The person lives in an area that experiences hurricanes.

Explanation:

Insurance coverage offers protection against losses caused by risk events stated in the policy document. The insurance company provides financial compensation should the insured suffer losses as a result of a risk covered by the insurance. The policy document states the amount of compensation the insured is entitled.

The amount of compensation is determined by many factors, including premiums. Premiums are considered as the cost of insurance. High premiums indicate that a person has a big insurance cover, which will compensate more in the event of a loss.  A person living in a place that experiences hurricanes may want to pay high premiums for a flooding cover. Such a person is greatly exposed to flooding will require significant compensation should floods occur.

Answer 2

Answer:

b

Explanation:


Related Questions

What are the different types of economic measurements used to analyze most economies

Answers

Answer:

The levels of poverty.

Exchange rate.

The productivity of laborers.

National debt/The total borrowings of the government.

Inequality in Income.

Real Disposable Income

The Misery Index.

Explanation:

The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.

Using the word “CAPITALISM,” create an acrostic poem that demonstrates your understanding of the term. Feel free to come back and comment on other student poems as well!

Answers

Answer:

Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.

Answer:

Explanation:

Controlled

Allows

Political

Innovation

Tolerant

America

Land

Inferior

State

Marketing

which of the following resume statements is most effective?

have experience entering data into Microsoft word and excel

proficient in excel, word, visio, publisher, and powerpoint

certified in microsoft office

used expertise in data entry software, analyzed progress of energy conservation in green energy plants

Answers

Answer:

option D i am not sure my answers is correct or not

Answer:

used expertise in data entry software, analyzed progress of energy conservation in green energy plants

Explanation:

Which of the following is likely to INCREASE your monthly payment?

Increasing the size of your down payment
Qualifying for a lower APR
Decreasing the number of months in your term

Answers

Answer: the anwser is c

Explanation:

the decreasing the number of months is what shows you the payment issue

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