Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

(Risk Management) Your neighbor Sam told you that he buys insurance from your best friend Jack who is an appointed agent of his insurer, the ABC insurance company. Because of his relationship with Jack he is not worried that he will put ABC interests above his and he believes that Jack's loyalty to him will be much greater than that to the insurance company. On the other hand, he knows that Jack is a bit forgetful and he worry that Jack may not get all the information Sam gives him to ABC. He is concerned that this may lead to a problem if he ever has a loss as the insurer could deny coverage on the grounds that they didnt know certain crucial facts. What would you advise Sam?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92038990
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Compare the different data storage options available in

Compare the different data storage options available in Android. What are the advantages and disadvantages of each type?

What are the capabilities and resources need to execute

What are the capabilities and resources need to execute strategy at Amazon? Does Amazon have, or can they build, the capabilities required? (Use Case: Amazon.com: The Brink of Bankruptcy Case)

List 2 penalties a judge may impose on you if you fail to

List 2 penalties a judge may impose on you if you fail to meet your duties under the WHS act.

How can companies use product differentiation and the

How can companies use product differentiation and the capacity control to manage rivalry and to increase an industry's profitability.

Is there any difference in terms of the information that

Is there any difference in terms of the information that could be provided to the decision maker by an IS that was created using HSM and an IS that was created using SSM?

What is a good analogy of subnetting whats a break down of

What is a good analogy of Subnetting? What's a break down of how it is used within a company?

What is the rationale for developing an annual fund

What is the rationale for developing an annual fund campaign when it would be less expensive for the organization to have few large donors rather than many small donors? Please describe the reason for annual fund campaig ...

Assignment -need an assignment paper it is a topic on

Assignment - Need an assignment paper. It is a topic on 'Business Management'. The topic is based on my dissertation. Here is the dissertation topic "The purpose of the present study was to identify significant differenc ...

National city financial services corporation information

NATIONAL CITY FINANCIAL SERVICES CORPORATION INFORMATION GOVERNANCE PROGRAM: PHASE I: Please read and familiarize yourself with the general description for your research project included in the CONTENT section of iLearn. ...

Briefly discuss the advantages and disadvantages of line

Briefly discuss the advantages and disadvantages of line balancing?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved