1. Explain to Ya the differences between (a) a whole life policy, (b) a variable life policy,...
Question:
2. What are the major advantages and disadvantages of each type of policy?
3. In what way is a whole life policy superior to either a variable life or term life policy? In what way is a variable life policy superior? How about term life insurance?
4. Given the limited information in the case, which type of policy would you recommend for Ms. Gao? Defend and explain your recommendations.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
1 a Whole life insurance provides protection over the whole life of the insured In addition to death protection whole life insurance has a savings element called cash value which results from the mann...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the major advantages and disadvantages of each of the legal forms of business organizations?
-
ABC company has sold an equipment with a historical cost of AED200,000 and accumulated depreciation of AED 150,000. and the cash was collected from the buyer. Required: Make the required journal...
-
What are two major advantages and disadvantages of a company structure? Provide an illustration with a company listed on the ASX (such as JB Hi-Fi Ltd, CSL Ltd, BHP Billiton Ltd).
-
For the manipulator shown, find the twist coordinates f; at zero con- figuration and 9st (0) using the product of exponentials approach. Use the base and tool frames shown. (b) (10 points) Find efi0i...
-
A piston cylinder contains air at 600 kPa, 290 K and a volume of 0.01 m3. A constant pressure process gives 54 kJ of work out. Find the final temperature of the air and the heat transfer input.
-
Q1. For AEO the Par Value account is titled (_________________ / Contributed Capital) and is ___________ per share, while the Additional Paid-in-Capital account is titled (Common Stock /...
-
A shear layer between two fluids. Assume the following velocity distribution between two shear layers: \[v_{x}(y)=v_{0} \tanh (y / \delta)\] This is known as the Betchov and Criminale form. Calculate...
-
For the set of tasks given below, do the following: a. Develop the precedence diagram. b. Determine the minimum cycle time and then calculate the cycle time for a desired output of 500 units in a...
-
5. A diesel-driven centrifugal fire pump is rated at 1200 gpm at 100 psi with a churn pressure of 145 psig. Static city pressure varies between 60 and 70 psig. Determine if a relief valve is...
-
You are the regional manager of a chain of stores selling computer equipment and accessories, mainly based on out-of-town retail parks. Following promotion, a new manager has just been appointed to...
-
1. Assume that Ryans gross annual income is $54,000 and Alisons is $64,000. Their insurance agent has given them a multiple earnings table showing that the earnings multiple to replace 75 percent of...
-
Why should health insurance planning be included in your personal financial plan?
-
Problems 63 71. The purpose of these problems is to keep the material fresh in your mind so that you are better prepared for later sections, a final exam, or subsequent courses such as calculus....
-
The chairman of a public limited company has written his annual report to the shareholders, extracts of which are quoted below. Extract 1 'In May 2016, in order to provide a basis for more efficient...
-
What do you understand by the terms maximum likelihood estimation, deviance statistic and Wald statistic?
-
How can you decide on the number of independent variables and that adding one more would improve the predictability of the dependent variable?
-
Discuss how to test the significance of each of the independent variables and the entire multiple regression model.
-
The directors of the company by which you are employed as an accountant have received the forecast statement of profit or loss for 2016 which disclosed a net profit for the year of 36,000. This is...
-
Explain how repos and reverse repos affect the overnight rate.
-
What are bounds and what do companies do with them?
-
Write a recursive program Ruler to plot the subdivisions of a ruler using StdDraw, as in Program 1.2.1. Program 1.2.1 String concatenation public class Ruler { public static void main(String[] args)...
-
Martina Lopez has several credit cards, on which she is carrying a total current balance of $14,500. She is considering transferring this balance to a new card issued by a local bank. The bank...
-
Parker Young recently received his monthly MasterCard bill for the period June 1-30, 2015, and wants to verify the monthly finance charge calculation, which is assessed at a rate of 15 percent per...
-
Henry Stewart is trying to decide whether to apply for a credit card or a debit card. He has$8,500 in a savings account at the bank and spends his money frugally. What advice would you have for...
-
Miller's Hardware plans on saving $40,000, $50,000, and $58,000 at the end of each year for the next three years, respectively. How much will the firm have saved at the end of the three years if it...
-
Wizmo technologies is producing a new kids watch, an electronic gadget for kids to stay connected with their parents. The project requires an initial investment in plant and equipment of 6 million....
-
Case Study: XYZ Manufacturing Co. Background: XYZ Manufacturing Co. is a mid-sized manufacturing company that produces electronic components. The company has been in operation for several years and...
Study smarter with the SolutionInn App