Briefly describe five common types of term life insurance.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Renewable term Term insurance that can be continually renewed regardless of changes in health status ...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0133856439
7th edition
Authors: Arthur J. Keown
Question Posted:
Students also viewed these Corporate Finance questions
-
What is term life insurance? Describe some common types of term life insurance policies.
-
1. Distinguish among bank credit cards, retail credit cards, and travel and entertainment cards. 2. What are the differences and similarities between a cash advance and a balance transfer using a...
-
Long- Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four should have, based on the current age of the head of the household. The...
-
Ilana Mathers, CPA, was hired by Interactive Computer Installations to prepare its financial statements for March 2017. Using all the ledger balances in the owner's records, Ilana put together the...
-
a. Equation 15.7 shows that market value added (MVA) of an investment project is the present value of the stream of the future economic value added (EVA) of the project. Because a firm can be viewed...
-
What value of A makes the two annual cash flows shown in the following diagram equivalent at 10% interest compounded annually? $200 $200 $200 $200 $200 1 2 3 4 Years A A A 1 2 3 5 Years 4,
-
What is the difference between alternate and exception flows?
-
On 13 September 20X1, Nitish Corporations board of directors moved the companys operations into a newly constructed building and declared its old building available for sale. The original cost of the...
-
At any given time the total mass of stratospheric ozone is estimated as 3.1x10 2 kg. If approximately 3.5x10 8 kg is made and destroyed each day, calculate the residence time of stratospheric ozone.
-
The Green Giraffe Restaurant Group has 21 restaurants scattered across the midwestern portion of the United States. Green Giraffe is not publicly held, but is owned by a small group of investors. For...
-
Compare and contrast the two basic approaches used to determine the amount of life insurance needed. What are the primary factors considered?
-
Briefly describe the three major categories of cash-value life insurance.
-
Explain how the applications of Integer programming differ from those of linear programming. Give specific instances in which you would use an integer programming model rather than an LP model....
-
A converging lens has a focal length of f = 41.5 cm for blue light and f = 51.5 cm for red light. An object is placed 120 cm in front of the lens and is illuminated with white light. Chromatic...
-
A skydiver is jumping off a hot air balloon that is hovering several hundreds of meters above the ground. The balloon is ascending straight up in positive y - direction with a velocity of 3 . 0 0 m /...
-
A simple harmonic oscillator of amplitude A has a total energy E. At what distance x from the equilibrium does the system's kinetic energy equals 3/4 of the potential energy?
-
1 . 9 Complete the following, determining the appropriate uncertainty: ( a ) ( 2 . 7 0 \ pm 0 . 0 5 cm ) 2 ( b ) ( 2 . 7 0 \ pm 0 . 0 7 cm ) 3 ( c ) ( 1 2 . 0 2 \ pm 0 . 0 8 cm ) 4 ( d ) ( 2 0 . 6 \...
-
USAco, a domestic corporation, owns 100% of the stock of ASIAco, a foreign corporation. During its first year of operation, ASIAco had $50 million of Subpart F income, paid $5 million in foreign...
-
What is the purpose of stop-loss insurance that is used with self-insured group medical expense plans?
-
In Exercises, find the equation of the tangent line at the given point on each curve. 2y 2 - x = 4; (16, 2)
-
List and briefly describe the twelve basic decisions you must make in order to achieve real wealth.
-
List and briefly describe the twelve basic decisions you must make in order to achieve real wealth.
-
Calculate the future value of an account after you've contributed $1,000 at the end of each year for 40 years, assuming you can earn 9 percent compounded annually and you don't make a withdrawal...
-
Use factoring by grouping to solve the following equation. 3-522-16r+80=0 Enter the solutions, separated by commas if necessary. Do not use a plus-minus () sign when entering separate answers....
-
What are some intervention policies that make provisions for destitute college or university students in Ethiopia? Please provide Examples
-
Develop a simple application of two- variable linear programming problem to find an optimal product mix in a 'realistic' context. Specify the resources to be considered requirements, and the market...
Study smarter with the SolutionInn App