XYZ Insurance Company Uses Class Rating to Determine the Rate

question 45

Multiple Choice

XYZ Insurance Company uses class rating to determine the rate to charge for insurance.For one type of insurance,the pure premium XYZ actuaries calculated is $75 per unit.If XYZ's expense ratio is 25 percent,what is the gross rate for this coverage?

• A)$37.50
• B)$55.25
• C)$75.00
• D)$100.00

Analyze the relationship between net income, cash provided by operating activities, and corporate financing decisions.

Understand the fundamental principles and history of the Internet's development and operation.

Recognize the importance of unique IP addresses for global Internet connectivity.

Identify different types of Internet access technologies and their implications.

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Definitions:

Nursing Theory

A conceptual framework designed to guide the practice of nursing, integrating aspects of patient care, research, and education.

Cultural Competence

The ability of professionals to interact effectively with individuals from different cultures, recognizing and respecting their diverse beliefs, values, and practices.

Science Of Human Caring

A theory in nursing focused on the interrelationships of health, illness, and human behavior, emphasizing care and compassion.

Nursing Theory

A conceptual framework designed to guide nursing practice and research by explaining relationships between concepts and proposing outcomes.