Morale hazards - Study guides, Class notes & Summaries

Insurance - Transfer of risk from one person or organization to an insurance company Indemnity - The principle to restore the insured to the pre-loss economic or financial condition. Law of Large numbers - Mathematical principle used by insurers to predict losses to charge the appropriate premiums Insurable Interest - Proof that someone stands to lose financially if a loss occurs; must exist at the time of the loss in property and casualty insurance Binder - Temporary insurance contr...

Primerica Pre-licensing Course Solved Exam |Question and Answers| 100% Correct agent *Ans* legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer insured *Ans* the person covered by the insurance policy; this person may or may not be the policyowner broker *Ans* an insurance agent not appointed by an insurer and is deemed to represent the client insurance policy *Ans* a contract between ...

Workplace injuries and illnesses may result in low morale lost of training replacing workers OSHA mission is to protect workers safety and health Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Section 11(c) of OSH Act gives workers the right to a safe and healthy workplace without fear of punishment When a condition is not covered by industry specific standards horizontal standards apply ...

Workplace injuries and illnesses may result in low morale lost of training replacing workers OSHA mission is to protect workers safety and health Brainpower Read More Section 11(c) of OSH Act gives workers the right to a safe and healthy workplace without fear of punishment When a condition is not covered by industry specific standards horizontal standards apply Enforcement and compliance directives ensure consistent and enforcement of regulations Em...

NIMS ICS-300: Final Exam Questions With Solved Solutions. What NIMS component focuses on the Incident Command System, Emergency Operations Center, Multiagency Coordination Groups, and Joint Information Systems? a) Resource Management b) Communications and Information Management c) Command and Coordination d) Preparedness c) Command and Coordination When there is an orderly line of authority and reporting relationships within the ranks of an organization, the organization is said to ha...

If a company cancels an auto policy mid term, the refund will be made on a. pro rata basis b. short rate basis c. retroactive basis d. coinsurance basis Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period ? a. cancellation b. nonrenewal c. separation d. exclusion Nonrenewal Which is the best example of an indirect loss ? a. sequential loss b. liability loss c. employee theft d. loss of use Loss o...

Test Bank - Foundations for Population Health in Community/Public Health Nursing, 6th Edition (Stanhope, 2022), Chapter 1-32 | All Chapters. Table of Contents Chapter 1. Community and Prevention Oriented Practice to Improve Population Health Chapter 2. The History of Public Health and Public and Community Health Nursing Chapter 3. The Changing U.S. Health and Public Health Care Systems Chapter 4. Ethics in Public and Community Health Nursing Practice Chapter 5. Cultural Influences in Nursing in ...

True or False: Workplace injuries and Illnesses can lower morale and increased cost to train replacement workers - Answer (True) - Workplace Injuries and Illnesses According to "The Act, What is the mission of OSHA? - Answer (Protect American Workers) - To assure safe and healthful working conditions for working men and women by setting and enforcing standards and by providing training, outreach, education and assistance. True or False: Section 11(C) of the OSH Act States: Employers...

WebCE Property & Casualty Prep Exam Questions and Answers 2023 Risk Chance of loss 5 Risk or Loss Factors 1. Risk 2. Loss 3. Exposure 4. Peril 5. Hazard Insurance allows: Individual or group to transfer over to insurance company the risk of financial loss from a destructive event Fundamental purpose of insurance is: To indemnify policyholder against covered losses or restore policyholder back to same financial position they were in before Insurance companies may ...

California Life-Only Study Guide with 100% Complete Solutions What does insurance do? - Correct Answer ️️ -transfers the risk of loss from an individual/ business entity to an insurance company, which then spreads the costs of unexpected losses to many individuals What is insurance? - Correct Answer ️️ -the legal agreement/ contract whereby the 2 parties involved agree to the limits of the indemnification, the circumstances under which it will occur and what things of value (consi...