Dictionary
the insurable
adjective
Capable of being insured
Exact(9)
The present work studies the design of an optimal insurance policy from the perspective of an insured, where the insurable loss is mutually exclusive from another loss that is denied in the insurance coverage.
The NHI enrollment files provide information on the insurable wages and occupations of the insured.
To reduce ex post moral hazard, we assume that both the insured and the insurer would pay more for a larger realization of the insurable loss.
Under that plan, the government next year would pay 80percentt of the insurable losses.
The insurable balance on a bank account rises by $250,000 for every person — spouse, child, whoever — whose name is on it as a holder or beneficiary.
We show the existence of optimal indemnity schedules, and we show that optimal indemnity schedules are nondecreasing functions of the insurable loss.
Similar(50)
From the standpoint of the insurer, an insurable risk must meet the following requirements: 1.
There were no significant differences in the sex or age distributions or in the average insurable income between the samples in the LHID2000 and the subjects in the original NHIRD of 2000.
Moreover, the narrower the interquartile range (IQR) and the shorter the whiskers, the more homogenous the regional insurable counties were, which also could be accompanied by less outliers.
Furthermore, the payments made by the WCB have upper limits based on the maximum insurable earnings threshold and insure less than 100% of earnings (Table 1).
From the viewpoint of the insured person, an insurable risk is one for which the probability of loss is not so high as to require excessive premiums.
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