Situational variables are characteristics of the environment in which the experiment is being conducted which may have an effect on the results. The nature of these variables is very much dependent on the nature of the experiment but temperature, time and humidity could all be situational variables.
hospital income insurance. Insurance that provides an income while the insured is in the hospital. This type of policy pays out on a weekly or monthly basis. The benefit paid out can be used to pay hospital expenses or for whatever purpose the insured chooses.
Pure Loss of Income (Income Replacement) Policy. Pure Loss of Income (Income Replacement) Policy - under this policy, the. insured will receive benefits if he/she loses income due to a covered accident or. sickness, even if the insured is working full-time doing all the same duties he/she. did before.