Answer the Question. -Many Insurance Companies Carry a Deductible Provision That States How

question 117

Multiple Choice

Answer the question.
-Many insurance companies carry a deductible provision that states how much of a claim you must pay out of pocket before the insurance company pays the remaining expenses. Suppose you have a
Car insurance policy with a $500 deductible provision (per claim) for collisions. During a two-year
Period, you file claims for $400 and $950. The annual premium for the policy is $650. Determine
How much you would pay with and without the insurance policy.

• A)With policy $2300, without policy $1450
• B)With policy $2200, without policy $1350
• C)With policy $2150, without policy $1350
• D)With policy $1550, without policy $1350

Identify and analyze strategic marketing models.

Understand the process and importance of marketing research.

Learn how product placement functions as a marketing strategy.

Recognize fallacies and tactics used in advertising.

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Definitions:

Housing Construction

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Uncontrolled burning that can cause damage to structures, landscapes, and can pose a safety risk to individuals.

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The placement (by antivirus software) of a computer virus in a secure area on the hard drive so that it won’t spread infection to other files.

Antivirus Software

Software specifically designed to detect viruses and protect a computer and files from harm.