No-fault liability or no-fault insurance means:
A. If the employee admits it is the fault of the employee for
falling down at work, they receive a larger benefit from worker's
compensation.
B. None are correct.
C. If an employer admit it is not the fault of the employer,
they receive reduced rates.
D. There are larger legal fees because no one admits they were
wrong.
Define insurance and discuss the principle of indemnity. In an
auto insurance policy, explain the meaning of the numbers
100/300/75. Explain what a living will is and how it differs from a
health care proxy.
Ben lives in a state that has a no-fault auto insurance law.
Another motorist failed to yield the right of way, and hit his car.
Ben filed a claim with his own insurer. He also contacted a lawyer
to discuss suing the other driver. The lawyer told Ben that while
lawsuits resulting from auto accidents are permitted in the state,
Ben’s injuries were not severe enough to provide legal standing for
a lawsuit. What type of no-fault law is in...
Define palliative care and hospice. Discuss policy issues which
surround palliative care. Discuss insurance issues that surround
hospice and palliative care.
Describe the benefits to society from purchasing insurance.
Describe the costs. Define and discuss the welfare gains from
changes in insurance coverage