Julia owns a building worth 800000 she insures the building

Assignment Help Finance Basics
Reference no: EM13390048

  • What is the meaning of the term reinsurance?
  • Explain the reasons for reinsurance.
  • Explain the term securitization of risk.

What unfair trade practices are each of the following insurance agents violating? Explain the terms that you use.

  • Agent Jones offers a client to pay a portion of the premium if the client purchases a policy.
  • Agent Peterson convinces a client to replace a life insurance policy with a new policy that adds little value.

Julia owns a building worth $800,000. She insures the building for $300,000 with Company A, $400,000 with Company B, and $100,000 with Company C. There is a fire, and the building sustains $100,000 in damage.

  • How much will Julia collect in insurance?
  • How much will each company pay?
  • What insurance term describes this situation?
  • What is its purpose?

Reference no: EM13390048

Questions Cloud

Summarizes your background and what makes you unique in a : write a 750- to 1000-word paper that does the following1.summarizes your background and what makes you unique in a
Explain the factors that are significant to ensure : communication is the sharing of information between two or more individuals or groups to reach a common understanding.
Whitewater co lost its entire inventory in the flash flood : whitewater co. lost its entire inventory in a flash flood that occurred on august 31 20. over the past 4 years gross
Write down a 700- to 1050-word paper in which you describe : write a 700- to 1050-word paper in which you explain operation managements role in business today. include the
Julia owns a building worth 800000 she insures the building : what is the meaning of the term reinsurance?explain the reasons for reinsurance.explain the term securitization of
How will you deliver your product marketing channels and : how will you deliver your product? marketing channels and decisions relating to how you deliver your product are just
Describe why it is significant for groups and teams to have : a group may be defined as two or more people who interact with each other to accomplish certain goals or meet certain
Jack estimates that his monthly requirements are best : jack jones is looking at buying a new cell phone plan and found one called you decide your minutes under this plan he
Explain how the leader differs from manager and when it : leadership is the process by which a person exerts influence over other people and inspires motivates and directs their

Reviews

Write a Review

Finance Basics Questions & Answers

  Supply and demand price rises

Why do you believe that it is significant for managers to understand both short run and long run supply & demand? Cite one hypothetical or real life example that illustrates response.

  Find the nominal interest rate for a debt security

find the nominal interest rate for a debt security given the following information: real rate = 2%, liquidity premiun = 2%, defalult risk premium = 4%, maturity risk premium = 3%, and the inflation premium = 3%

  Find the required rates of return on stocks

The beta coefficient for stock 0.4 and that for stock -.05. stock D's beta is negative, indicating that its rate of return rises whenever returns on most other stocks fall.

  What price should be charged in order to maximize profits

If fixed costs are $100,000 and the following chart represents the demand at various prices, what price should be charged in order to maximize profits?

  What is the effective annual cost of credit to stoney river

In addition, Stoney River expects to incur a cost of approximately $100,000 in dealer placement fees and other expenses of issuing the paper. What is the effective annual cost of credit to Stoney River (round to the nearest .1 percent)?

  What would be net present value

How many choppers would you have to sell to break even, if you required a 15% return? (Hint: Use the 15% as the discount rate and calculate net present value.

  What are some of the advantages and disadvantages of

1- what are some of the advantages and disadvantages of ethical egoism as an ethical philosophy for business

  From the e-activity analyze how national exchanges around

globalization please respond to the followingfrom the e-activity analyze how national exchanges around the world are

  What is the outstanding balance on the loan

What is the outstanding balance on the loan right after you have made your 30th payment?

  What was harley davidson total debt in 2011

What was Harley Davidson total debt in 2011? Round your answer to the nearest cent.

  What will be the flotation-adjusted cost of equity

Assume Brown-Murphies faces a flotation cost of 14 percent on new equity issues.

  Calculate the expected return for microsoft

If the beta of Microsoft is 1.11, risk-free rate is 3% and the market risk premium is 8%, calculate the expected return for Microsoft.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd