Question
What is the purpose of a "deductible" in an insurance
policy?Solution
Deductibles serve multiple purposes:
- Reduce premiums: By paying a portion of the loss, the insured helps reduce the overall cost of insurance.
- Avoid small claims: Deductibles discourage the filing of small claims that are not economically significant.
- Encourage risk management: Deductibles incentivize the insured to take precautions to prevent losses.
Which of the following statements are correct in regards to the Iqta System of Delhi Sultanate?
1.   It was assigned to only soldiers
...
For outstanding contribution in which of the following sports did TP Ouseph win the Dronacharya Award for 2021?
A scored 44% marks and failed by 60 marks whereas B scored 74% marks, which was 90 more than the passing marks of the examination. Find the total marks ...
Refer to the given number and symbol series and answer the question that follows. Counting to be done from left to right only.
(Left) 7 3 @ 1 7 3...
Six people E, H, K, M, S and U are seated in a circle facing the centre. U and H are immediate neighbours of M. E is the only person sitting between K a...
In Excel _____function returns the remainder of two numbers after division.
Which one of the following chemical is used as food preservative?
Consider the following statements:
1.India is the largest producer of millet in the world
2.India is the largest importer of millet in 202...
Which of the following is NOT a possible isomer of hexane?
Fruits and seeds have a high concentration of which of the following plant hormones?