Fundamental purposes of the principle of indemnity include which of the following? I. To reduce physical...

Fundamental purposes of the principle of indemnity include which of the following? I. To reduce physical hazards. II. To prevent the insured from profiting from insurance. (a) I only (b) II only (c) both I and II (d) neither I nor II

Expert Solution

Fundamental purposes of the principle of indemnity include which of the following?

Ans: B.

II. To prevent the insured from profiting from insurance.

ekkarill92 answered 2 years ago

Write about the following principles of Insurance and explain them with example. Principle of Indemnity Principle...

Write about the following principles of Insurance and explain them with example. Principle of Indemnity Principle of Utmost Good Faith Principle of Insurable Interest

Purposes of the coinsurance provision in major medical insurance policies include which of the following? I....

Purposes of the coinsurance provision in major medical insurance policies include which of the following? I. To reduce premiums. II. To prevent overutilization of policy benefits. I only Neither I nor II Both I and II II only

Hwy Einstein never accepted Heisenberg's uncertainty principle as a fundamental physical law ???

Discuss the components and purposes of a head and neck assessment and include normal physical findings...

Discuss the components and purposes of a head and neck assessment and include normal physical findings in an infant/child and an adult.

Which of the following is a fundamental SI Unit? Which of the following is a fundamental...

Which of the following is a fundamental SI Unit? Which of the following is a fundamental SI Unit? centimeter milliliter kilogram microsecond In the reaction AgNO3(aq) + HI(aq) → AgI(s) + HNO3(aq) the spectator ions are In the reaction AgNO3(aq) + HI(aq) → AgI(s) + HNO3(aq) the spectator ions are H+ and I– Ag+ and NO3– Ag+ and I– H+ and NO3– Which element can form more than one kind of monatomic ion? Which element can form more than one...

What are the fundamental purposes of filing statuses in the tax system? Which of Adam Smith’s...

What are the fundamental purposes of filing statuses in the tax system? Which of Adam Smith’s principles of taxation do filing statuses provide to the tax system? Why? Who in our society would benefit or suffer if the head of household filing status is eliminated (address both groups)? What are some impacts of the head of household filing status (benefits and detriments, both intended and unintended)?

a research document concerning a physical principle or a common technology is required. I choose to...

a research document concerning a physical principle or a common technology is required. I choose to do roller coasters. Please describe physical principles on how roller coasters work, in depth please. Links to graphs would be amazing Enough information to make a 5 page researched paper, thank you

Part I Which of the following statements is incorrect? a. For tax purposes, the marital status...

Part I Which of the following statements is incorrect? a. For tax purposes, the marital status on the last day of the year always determines the marital status for the entire year b. The taxpayer may be able to choose “Qualifying Widow(er) with Dependent Child” as the filing status if the spouse died within the past two years, he or she has a dependent child, and certain other conditions are met. c. If more than one filing status applies, the...

Write the balanced half-reaction for the following redox reaction (include physical states like I did in...

Write the balanced half-reaction for the following redox reaction (include physical states like I did in final answer): 2CO2(g) + 12H+(aq) + 6Zn(s) -----> C2H5OH(l) + 3H2O(l) + 6Zn2+(aq)

Describe the experimental basis for the following fundamental principle about mutations: “The mutational process is random...

Describe the experimental basis for the following fundamental principle about mutations: “The mutational process is random in the sense that whether a particular mutation happens is unrelated to any adaptive advantage it may confer on the organism in its environment. A potentially favorable mutation does not arise because the organism has a need for it.”

Question