Does a deductible reduce the limit?
Does a deductible reduce the limit?A Deductible Reduces Your Limit While An SIR Does Not Deductibles and self-insured retentions are...
HEALTH
What is cash subsidy?
What is cash subsidy?The cash subsidy is a direct money transfer to the intended recipient's account or the company by...
What is per occurrence limit in insurance?
What is per occurrence limit in insurance?The per-occurrence limit is the most your insurance company will pay for a single...
What are the 4 main types of subsidies?
What are the 4 main types of subsidies?Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect...
Is deductible same as out-of-pocket?
Is deductible same as out-of-pocket?Essentially, a deductible is the cost a policyholder pays on health care before the insurance plan...
What is subsidized in the US?
What is subsidized in the US?Each year, the U.S. federal government subsidizes a wide range of economic activities that it...
What is per occurrence?
What is per occurrence?A per-occurrence limit is the maximum amount your insurance company will pay for a single claim. The...
Who benefits from a subsidy to buyers?
Who benefits from a subsidy to buyers?Who benefits from a subsidy paid to buyers? a subsidy paid to buyers benefits...
What is the difference between per occurrence and claims-made?
What is the difference between per occurrence and claims-made?An occurrence policy has lifetime coverage for the incidents that occur during...
Are subsidies taxable?
Are subsidies taxable?Therefore, all sorts of subsidy received by an assessee from the specified persons, irrespective of its nature as...
