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Which is the most important attribute for comparing countries?

per capita income, inequality in the distribution of income, universal health care coverage, and high access to information are the most important attributes allowing a country to adapt to health-related risks.


What is meant by unequal knowledge and bargaining powers.why do regulators have to protect the purchasers of homeowners insurance more than the purchasers of large commercial insurance policies?

"Unequal Knowledge and bargaining powers?Pertaining to individuals ( personal Lines )It is the general assumption under law that barring certain circumstances, such as when the insured is an attorney in a related field, an insurance professional themselves or have some other advantage in knowledge or expertise, that the average home owner does not have the same level of knowledge as the insurance agent or other professional who is offering the insurance coverage. Due to this situation regulators often require more care by the professional when advising of risk management vehicles or policy types and associated costs available to the consumer. This greater care is preferred to help insure the consumer is getting the appropriate coverage and at a reasonable price.Pertaining to Commercial entities ( commercial lines )The general assumption for commercial entities is different in that especially large commercial risks are in a much better position than the average Joe, they generally have greater resources to draw upon for assessing coverage and exposure needs and may have far greater experience identifying and managing the risks associated with their industry. This greater knowledge also may place them in a better position to bargain for rates and streamline their insurance coverage.Commercial entities often obtain their coverage through orders with little or no discussion of other available options, sometimes they order certain coverage requirements on certain deadlines where contracts and payments may depend on the issued coverage certificates. The company may or may not want to discuss the insurance order details at a later time and may even use the adage, "price is no object" or "place the requested coverage or endorsement by X date and time", without any advice or consultation on the risk, language an individual homeowner would rarely use.Basically individuals are considered to need more guidance and advice on appropriate coverage where a commercial entity is expected to be more familiar with the risks and coverage venues associated with their industry of choice.


What are the best microeconomics books available in the market?

Some of the best microeconomics books available in the market include "Microeconomics" by Paul Krugman and Robin Wells, "Principles of Microeconomics" by N. Gregory Mankiw, and "Microeconomic Theory" by Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green. These books provide comprehensive coverage of microeconomic principles and theories, making them valuable resources for students and enthusiasts of the subject.


What is Geico mission statement?

Mission Statement:GEICO's goal is to provide excellent coverage, low prices and outstanding service.


What did the media display during the Vietnam War?

Live coverage in living color.

Related Questions

Under coverage may result from a?

Convenience sample


When to use Intensive vs selective vs exclusive distribution?

It provides maximum coverage of the market by using all available outlets.


List and describe three degrees of market coverage?

intensive distribution, exclusive distribution, and selective distribution.


A convenience sample will usually result in?

under coverage


What are the benefits of a couples plan for insurance coverage?

A couples plan for insurance coverage can offer benefits such as cost savings, shared coverage for medical expenses, and the convenience of managing insurance together.


What does Freeview coverage do?

As the title says Freeview Coverage checks if you are available for a specific type of coverage in your area. It has it's flaws (sometimes saying you do not have coverage in an area even though a friend or neighbor has it) but it is helpful for checking what coverage is available.


What are the advantages of intensive distribution?

Intensive distribution can help increase brand exposure and accessibility for customers by having products available in a wide range of stores. It can also lead to higher sales due to the increased presence of the product in the market. Additionally, intensive distribution allows for better market coverage and can help with quickly clearing out stock.


How do I find the best cell phone coverage available?

To find the best cell phone coverage available you will need to know what companies that are in the area for coverage. Some produce better signals than others and will have better coverage, while others just have more places for signals with weaker coverage.


Can you get COBRA coverage for dental only?

No, COBRA coverage is typically only available for medical insurance and does not usually include dental coverage on its own.


Does the state of Virginia have good car insurance coverage?

allstate.com is the available source where you can get all this facility of good car insurance coverage which are available in all the states.


What are the benefits of purchasing married couple insurance?

Married couple insurance can offer benefits such as discounted rates, combined coverage options, and potential savings on premiums. It can also provide convenience by managing insurance policies together and ensuring both partners are adequately protected.


What is a description of the options available with auto insurance?

Options available with auto insurance are Liability, Medical coverage, Collision and comprehensive coverage, and Uninsured motorist coverage.SK(APEX)