What forms of insurance could be included in business insurance? O Property insurance Liability insurance Business Interruption All of the above Operating expenses can be both fixed and variable True O False

Explain the 5 factors that impact the cost of car insurance?

economic graphs for vouch insurance startup?

In an insurance system, would you expect each person to receive in benefits pretty much what they pay in premiums or is it just that the average benefits paid will equal the average premiums paid?

Why might it be difficult for a buyer and seller to agree on a price when imperfect information exists?

Recognize theprincipal–agentproblem arising frommoral hazard in equitycontracts and summarize the methods forreducing it.

C COverage 7. The policyholder's car was damaged after a massive hail storm came through her city. The cost ef repairs due to the hail damage was $350. Based on her auto policy, how much will the insurance company pay to repair the car? a. $0 b. $150 C. $200 d. $350 www.ngpf.org Last updated: 2/16/21

How Does the Cost of Health Insurance Premiums Vary By Aqe? NGPF Next Gen Pe sonal Finance Data Crunch Insurance Monthly Health Insurance Premium - Silver Tier Plan Average Cost of a Silver Policy by Age $1,200 $1,123 $1.050 $1,016 $900 $835 $750 $668 $600 $540 $457 $478 $450 $425 $374 $376 $300 $150 $0 21 25 30 35 40 45 50 55 60 64 Age ValuePenguin Monthly Premium 1. What is the ANNUAL premium for an individual who is 21 years old? 2. Between what two ages does the largest percentage change in premium occur? рок 1 DOK 1 3. How would you summarize the data in this chart in one sentence? DOK 2 4. If this same data were reported for car insurance, instead of health insurance, would the graph look similar? Why or why not? 5. If this graph were to continue outward, for individuals over 64, describe what you think the bars that follow would look like. www.ngpf.org Last updated: 7/8/20 Monthly Premium

How might adverse selection make it difficult for an insurance market to operate?

Equity investments are loan it the issuers of the equities. True or false