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...
HEALTH
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...
How does an occurrence policy work?
How does an occurrence policy work?An occurrence-based policy covers losses that happen during the time you have the policy, regardless...
What is subsidy and its types?
What is subsidy and its types?By beneficiary, there are two primary categories: Subsidies that are not limited to specific businesses...
What is the difference between per occurrence and aggregate?
What is the difference between per occurrence and aggregate?Per-occurrence limits and aggregate limits both define maximum payouts, but they do...
What is the effect of a subsidy being placed on the market?
What is the effect of a subsidy being placed on the market?A subsidy generally affects a market by reducing the...
