Explain why the named insured provision is important

Assignment Help Finance Basics

Reference no: EM131411597

Assignment

Write a 700- to 1,050-word paper using a modality of your choice. Using your current/former employment information, include the following:

• Identify the basic parts of insurance and add where these would be used at your company/industry. Why?

• Explain why the Named Insured provision is important.

• Interpret what impact the coinsurance provision (Conditions Section) has on the insured. Give two examples of where this would be used.

• Evaluate the importance of an insurance endorsement or rider, and use your company/industry as an example of what endorsements or riders might be needed.

Format your submission consistent with APA guidelines.

Reference no: EM131411597

Questions Cloud

What is relationship between insure participate in principal : Discussion: Principal Of Subrogation- What is the relationship between insured participates in this principal? How might it apply to you?

Refunding and paying additional interest : The bond person says because lower interest rate, we should refund. But here is what she said... $125,000 to the bond person for fees, etc.

Discuss the macronutrients and the composition of energy : discuss the macronutrients and the composition of energy nutrients your diet contained during this 3 day record. You will use the information from your 3 day average report (Please see the "Bar Graph" and "Spreadsheet" reports) to determine wheth..

Large publicly-traded corporation : You are a software engineer working at a large publicly-traded corporation, where a colleague invents a new kind of compiler. Your managers see it as a huge potential cash cow. How would you respond in a way that is legal, moral, and ethical? (give a..

Explain why the named insured provision is important : Explain why the Named Insured provision is important. Interpret what impact the coinsurance provision (Conditions Section) has on the insured. Give two examples of where this would be used.

Would smoking called confounding or interacting variable : In investigating the relationship between taking oral contraceptives (the explanatory variable) and having a heart attack or stroke (the response variable), would smoking be called a confounding variable or an interacting variable? Explain.

Company expect to spend this summer constructing the pools : A swimming pool company has 120,000 labor hours available per summer and with a labor productivity of 8 pools per 5,000 hours. a. How many pools can the company install this summer? b. Suppose the multifactor productivity was one pool per $30,000. Ho..

How might you increase revenue in each of the areas : How might you increase revenue in each of the areas? Think outside of box, and perform research to determine current trends in those areas. Why would there be a need to increase payroll, particularly nurses' salaries?

Find the time that the apples must be exposed to the water : The apple properties include thermal conductivity of 0.4 W/(m K), specific heat of 3.8 kJ/(kg K), and density of 960 kg/m3. Determine the time that the apples must be exposed to the water.

User Account

All Pages