What are the advantages of using standardized insurance policies?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
Standardized contracts benefit the insureds in tha...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Introduction to Risk Management and Insurance
ISBN: 978-0131394124
10th edition
Authors: Mark S. Dorfman, David Cather
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the advantages of using a slider scale?
-
What are the advantages of using onscreen windows?
-
What are the advantages of using statistical analysis to detect fraud?
-
The future value S of principal P invested for n years with an interest rate r% compounded annually may be calculated using the formula Rearrange this formula to express P in terms of S, r and n. S =...
-
Complete the following for the (x, y) pairs of data points (1, 5), (3, 7), (4, 6), (5, 8), and (7, 9). a. Prepare a scatter plot of these data points. b. Compute b1. c. Compute b0. d. What is the...
-
Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow: Required Compute unused resource capacity in energy and repairs for Tri-StateMill. Cost Driver Rate...
-
Refer to the information in QS 6-1 and assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method. (Round per unit...
-
Century Lab plans to purchase a new centrifuge machine for its Manitoba facility. The machine costs $137,500 and is expected to have a useful life of eight years, with a terminal disposal value of...
-
Your grandmother would like to share some of her fortune with you. She offers to give you money under one of the following scenarios (you get to choose): 1. $7,750 a year at the end of each of the...
-
Use polygons and lines to create a graphics image that looks like a fireworks display. Write an application that extends JPanel and displays the fireworks. Save the file as JFireworksPanel.java.
-
Explain the advantages of the incontestability clause in life insurance from societys standpoint.
-
List and describe the different parts commonly found in an insurance policy.
-
In a survey collecting data about the salaries earned by recent college graduates, Li found that her salary was in the 78th percentile. Should Li be pleased or upset by this result? Explain.
-
If the majority voting control partners in an entity are close to retirement, they may prefer more equity issued versus debt. T/F The more stable the selling price is, the more likely the firm ...
-
Explain the following concepts/topics. 1. Arbitration Tribunials under CUSMA as opposed to International Arbitration under the WTO or ICSID: 2. Lost or Not Lost clauses under a Marine Insurance...
-
Northfield Manufacturing has two operating divisions in a semiautonomous organizational structure. Americas Division, based in the United States, produces a specialized memory chip that is an input...
-
T 174 6. Cs has a half-life of 30.8 s and the number of nuclei present is 3.787 1016 nuclei. 55' Determine: a. Number of nuclei present 2.6 minutes later b. The activity of 17 CS at the time in a. c....
-
The parallel sides of the trapezoidal lot measure 160 m and 240 m are 40 m apart Find the distance of the dividing line from the 160m line parallel to the 2 sides that will divide the trapezoid into...
-
The company prices health insurance for its workforce, and determines that the annual cost is $2,500,000. Based on your answer to question 10-9, how much money would it save by not offering health...
-
Annual dividends of ATTA Corp grew from $0.96 in 2005 to $1.76 in 2017. What was the annual growth rate?
-
A Look at your schedule in answer to 45.1 (i) and answer the following: (a) What are the total costs at production levels of (i) 4,000 units; (ii) 7,000 units; (iii) 9,000 units; (iv) 5,500 units?...
-
a. What is the meaning of adverse selection? b. Identify some methods that insurers use to control for adverse selection.
-
What are the two major differences between insurance and gambling?
-
City Bus Corporation provides school bus transportation to public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities within the county. The firm faces...
-
The Regal Cycle Company manufactures three types of bicyclesa dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes...
-
?? A local college is deciding whether to conduct a campus beautification initiative that would imvolve various projects, such as planting trees and remodeling bulidings, to make the campus more...
-
A company has net income of $196,000, a profit margin of 9.7 percent, and an accounts receivable balance of $135,370. Assuming 70 percent of sales are on credit, what is the companys days sales in...
Study smarter with the SolutionInn App