All of the following statements are true of liability insurance EXCEPT:
A. Legal liability does not have to be determined by a court of law before an insurer will pay.
B. Liability insurance only indemnifies third parties
C. Liability insurance protects the policyholder against damages he/she causes a third party
D. Liability insurance provides indemnification for the insured.
Ans: D. Liability insurance provides indemnification for the insured.
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The needs-based approach is one technique for calculating how much life insurance one needs. Explain briefly the method for calculating this amount
What will be an ideal response?
Individuals with an ________ believe that their own actions and behaviors have an impact on what happens to them
A) external locus of control B) internal locus of control C) established self-image D) extrasensory personality