Which of the following statements regarding blanket health insurance is CORRECT?

A) Blanket health insurance benefits for a volunteer fire department require individual applications and underwriting.
B) New members of a group do not need to fill out an application.
C) It usually provides benefits for both accidents and sickness.
D) Coverage is for all events occurring within a specific or limited period.

Ans: B) New members of a group do not need to fill out an application.

Business

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A dentist or an attorney would buy malpractice insurance to transfer the risk of lawsuits. This is a type of ________ insurance

A) casualty B) surety C) liability D) comprehensive

Business

In response to increasing demand for products in developing countries, some manufacturers pursue a strategy called ________ by establishing production facilities in or near those markets

A) reshoring B) near-shoring C) global-shoring D) spot-shoring E) onshoring

Business