What are settlement options? Which option should you choose?
Answer to relevant QuestionsWhat is a lump sum settlement? What kind of beneficiary would benefit the most from this option? Briefly describe some of the term insurance options. Nancy’s employer provides her with two times her annual gross salary in life insurance. How much additional insurance should Nancy purchase based on the information in the previous problem? Since he only smokes occasionally, he would like to omit this information from his life insurance application. Advise Dave on this course of action. What is the difference in tax rates on long term versus short term capital gains?
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