1. Of the types of insurance covered in class. what is the lowest cost insurance for...

1. Of the types of insurance covered in class. what is the lowest cost insurance for an employer (ER) who wishes to buy insurance for their HCEs?

2. Is a split dollar plan found in a qualified or nonqualified plan. Explain

Expert Solution

7 Types of Insurance

Life Insurance or Personal Insurance.

Property Insurance.

Marine Insurance.

Fire Insurance.

Liability Insurance.

Guarantee Insurance.

Social Insurance.

USAA is the cheapest car insurance company, and it offers the lowest car insurance rates in the country

2) Split-Dollar Plan is Non-Qualified Plan

Under this arrangement, an employer purchases a policy on the employee's life, and the employer and the employee divide ownership of the policy. The employee may be responsible for paying the mortality cost, while the employer pays the balance of the premium.

All the best ?

jeff jeffy answered 1 year ago

What types of services are covered by dental insurance contracts?

What are the typical percentages covered by dental insurance for various types of services?

1) What is the relationship between covered condtions and covered services in health insurance plans? 2)...

1) What is the relationship between covered condtions and covered services in health insurance plans? 2) How do third-party payers notify insureds about the extent of playments made on a claim? What data elements does that notification include? 3) Cost sharing (out-of-pocket) costs for subscribers and patients a) remain constant b) are inceasing c) are decreasing

What is the relationship between covered condtions and covered services in health insurance plans?

Discuss how the concept of premium, covered services, and cost sharing apply to health insurance. what...

Discuss how the concept of premium, covered services, and cost sharing apply to health insurance. what is the difference between experience rating and community rating?

If a loss is not covered by a primary insurance policy, it might be covered by:

If a loss is not covered by a primary insurance policy, it might be covered by: An exclusion in the policy An ancillary form An excess insurance policy Statutory law An experience modification factor in a workers' compensation insurance policy is calculated based upon: Prior losses Future expected losses Payroll Credit worthinessAn employer with a lower experience modifier will pay:Less in premium than a similar employer More in premium than a similar employer The same in premium as a similar employee Twice as much in premium than a similar employer An insurance agent...

Discuss how the concepts of premium, covered services, and cost sharing apply to health insurance.

In class we discussed Transitive Trust. And we covered so many different types of attacks. Do...

In class we discussed Transitive Trust. And we covered so many different types of attacks. Do you think that there may be an attack on Trust? Explain your answer.

Given the LinkedStack Class as covered in class add a method to the LinkedStack class called...

Given the LinkedStack Class as covered in class add a method to the LinkedStack class called PushBottom which will add a new item to the bottom of the stack. The push bottom will increase the number of items in the stack by 1

The portion of a property insurance policy that summarizes the types and locations of covered property, policy limits, and premiums rates is called the

The portion of a property insurance policy that summarizes the types and locations of covered property, policy limits, and premiums rates is called the A. coverage form. C. policy conditions. D. policy declarations.

Question