Author Question: Which type of insurance is a contract between an individual and an insurance company whereby the ... (Read 83 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
Which type of insurance is a contract between an individual and an insurance company whereby the individual pays a premium and, in exchange, the insurance company agrees to pay for specific vehicle-related financial losses during the term of the policy?
 a. automobile
  b. commercial
  c. liability
  d. workers' compensation

Question 2

Group health insurance is available through employers and other organizations, and all
  or part of the premium costs are paid by employers. Employer-based group health insurance __________.
 a. covers all employees, regardless of health status, and cannot be canceled if anemployee becomes ill
 b. excludes COBRA continuation coverage upon employee resignation or another qualifying event and lasts for 18 to 36 months, depending on the employee's situation
  c. prohibits employer-limited plan options, such as a prescription drug plan that covers a certain list of medications, which is called a formulary
  d. requires exclusions for pre-existing conditions, which means the payer excludes all employees from coverage for pre-existing conditions



mcni194

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

For a complete list of videos, visit our video library