Business overhead expense - Study guides, Class notes & Summaries

Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care - Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent, utilities, telephone, equipment, employees' salaries, etc.) All of the following are state or federal government programs that provide health insura...

Health Insurance Florida 2-40 Practice Exam Questions #2 Already Graded A Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent, utilities, telephone, equipment, employees' salaries, etc.) All of the followi...

HEALTH INSURANCE FLORIDA 2-40 PRACTICE EXAM QUESTIONS 2 | 299 QUESTIONS & ANSWERS 100% CORRECT Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent, utilities, telephone, equipment, employees' salaries, etc...

GA Life/Health Ins Exam Questions with 100% Correct A claiment wants to bring a recovery action against an insurance company for a loss claimed under a policy. The action must be brought a) Within 2 years. b) Within 3 years. c) Immediately. d) Only within 60 days. - Correct Answer ️️ -b) Within 3 years. Some states require a provision limiting the time parameters in which a claimant may seek recovery from an insurer under a policy. Georgia requires legal action to be brought forth ...

Business Continuation Plans - Answer-continue the operation of the business in the event of a disabling sickness to a business owner or key employee Absolute Assignment v. Collateral Assignment - Answer-- absolute: a permanent and irrevocable transfer - collateral: a temporary and/or revocable transfer of benefits (collateral for debt) Accidental Bodily Injury Provision - Answer-require RESULT of injury unexpected or accidental Accidental Death and Dismemberment Insurance - Answer-- covers...

"No Gain No Loss" - a replacing policy pays for ongoing claims under the policy it replaces Absolute Assignment v. Collateral Assignment - - absolute: a permanent and irrevocable transfer - collateral: a temporary and/or revocable transfer of benefits (collateral for debt) Accidental Bodily Injury Provision - require RESULT of injury unexpected or accidental Accidental Death and Dismemberment Insurance - - covers fatal accident or dismemberment of accidental injury - pure accident cover...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

Mississippi Life and Health Insurance Questions & Answers (Graded A)Mississippi Life and Health Insurance Questions & Answers (Graded A)Mississippi Life and Health Insurance Questions & Answers (Graded A)Mississippi Life and Health Insurance Questions & Answers (Graded A)Mississippi Life and Health Insurance Questions & Answers (Graded A) A business overhead expense policy : - ANSWER covers business expenses such as rent and utilities A provision in a life insurance policy that pays the po...

An employer pays the accident and health insurance premiums for its employees. The premiums paid by the employer are Deductible to the business. Taxable to the employee. Tax-deferred to the business. Reimbursed as a tax credit. - Deductible to the business. Medical expense insurance typically EXCLUDES coverage for: Prosthetic devices such as artificial limbs Cosmetic surgery Injuries resulting from auto accidents Treatment for terminal illnesses - Cosmetic surgery A group health insur...

defamation - Answer-Making a statement that is false or maliciously critical of the financial condition of an insurer is known as Business overhead expense policy - Answer-Which type of business insurance is meant to cover the costs of continuing to do business while the owner is disabled? the protection ends - Answer-Dorian exercised a nonforfeiture option by using his life policy's cash value to purchase an extended term insurance option. When the term insurance expires, must have an...