Explain the following:insurer,insured,inderwriting

  1. Explain the following:insurer,insured,inderwriting
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    2. Lakshmi oberoi asked by Lakshmi oberoi
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  2. Does a co-payment (co-pay) increase risk for the insurer or the insured? Explain.(1 point)Responses A co-pay increases risk for
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  3. Explain itInsurance is a contract between an individual or entity (the insured) and an insurance company (the insurer), in which
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  4. An agreed sum of money that rhe insured pays to the insurer at periodic intervals isA contribution B. Indemnity C. Interest D.
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    2. Desi Brown asked by Desi Brown
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  5. What term can be used to describe the amount paid by the insured before the insurer begins to pay for a qualified event?(1
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  6. Another term that means the same thing as "insurance company"is:A."insurance agent" B."insurance broker" C."the insurer" D."the
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    2. ciara asked by ciara
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  7. hat term can be used to describe the amount paid by the insured before the insurer begins to pay for a qualified event?(1 point)
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  8. Which of the following best describes term life insurance?Question 10 options: A) The insured pays a premium for a specified
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  9. A __________ is the charge for coverage, and a __________ is the amount theinsured is required to contribute before the insurer
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  10. You estimate that the price elasticity of demand for clinic visits is −0.25. You anticipate that a major insurer will increase
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    2. cindy asked by cindy
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