Question

In: Finance

Regarding underwriting considerations, what information may an employer have to provide to an insurance company to...

Regarding underwriting considerations, what information may an employer have to provide to an insurance company to show that the company is insurable?

A. The firm's total number of employees B. The employees' health histories
C. References from customers
D. The employer's financial records

Solutions

Expert Solution

Option D - Underwriters will require the employer's financial records to determine the financial health of the company. A company with good financial health operating in a sector which has good future economic prospects will be preferred.


Related Solutions

What considerations does the company have regarding structuring its debt?
What considerations does the company have regarding structuring its debt?
Which of the following is FALSE regarding COVID-19-related employer benefits? An employer may claim credit for...
Which of the following is FALSE regarding COVID-19-related employer benefits? An employer may claim credit for paid leave by reducing payroll tax payments or filing Form 7200. Eligible employers may delay half their payroll taxes until December 31, 2022, and the other half to December 31, 2023. Businesses that have Paycheck Protection Program loans forgiven are not eligible for the payroll tax delay. Employers who continue to pay their employees are eligible for an Employee Retention Credit of 50% of...
What are the considerations for a comprehensive market analysis? Here are some articles that provide information...
What are the considerations for a comprehensive market analysis? Here are some articles that provide information about market analyses: http://www.mtab.com/4-main-types-of-segmentation-in-market-research-analysis/ https://www.decisionanalyst.com/whitepapers/marketsegmentation/
What are the considerations for a comprehensive market analysis? Here are some articles that provide information...
What are the considerations for a comprehensive market analysis? Here are some articles that provide information about market analyses: http://www.mtab.com/4-main-types-of-segmentation-in-market-research-analysis/ https://www.decisionanalyst.com/whitepapers/marketsegmentation/
What is the basis of Insurance company regarding on rates? What insurance business is all about?
What is the basis of Insurance company regarding on rates? What insurance business is all about?
Requiring an employer to provide health insurance or a person for workers is like a tax...
Requiring an employer to provide health insurance or a person for workers is like a tax on labor, which will cause a decrease in the demand for labor. A. True or B. False
15. If a life insurance company accepted all application with no medical underwriting and changed all...
15. If a life insurance company accepted all application with no medical underwriting and changed all sured the same price for a 500,000 life insraucne policy and there were no exclusions other than the suide clause, what would be the most likely result? A. This company would prosper due to marketing genius B. This company would invest in high grade bonds C. This company would become insolvent due to moral hazard D. This company would become insolvent due to adverse...
Should an employer have to follow a law (e.g. to have access to health insurance as...
Should an employer have to follow a law (e.g. to have access to health insurance as per legal requirements, hire an employee, serve a customer, etc.) that is not in alignment with their religious or spiritual beliefs?
1. The cash payment by a consumer or employer to an insurance company is called: A)...
1. The cash payment by a consumer or employer to an insurance company is called: A) A co-payment B)  A deductible C) A limit D) A premium 2. The largest health insurance program in the United States is: A) Blue Cross-Blue Shield B) Veterans Affairs C) Medicare D) Medicaid 3. The part of Medicare that helps pay for ambulance services is: A) Part A B) Part B C) Part C D) Part D 4. True or False? An economic unit refers...
Find out what utilization management practices Tricare prime insurance company follows. This information may be available...
Find out what utilization management practices Tricare prime insurance company follows. This information may be available in your insurance benefits booklet or on your health plan’s website. If you do not have health insurance, go to the website of any major health insurance company and list the practices this company follows to control costs and to ensure the provision of medically necessary services. Provide a summary of your learning.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT