a. Explain the meaning of premature death. b. Identify the costs associated with premature death. c. Explain
Question:
b. Identify the costs associated with premature death.
c. Explain the economic justification for the purchase of life insurance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
a Premature death means that a person dies with outstanding unfulf...View the full answer
Answered By
Joan Gakii
I'm a meticulous professional writer with over five years writing experience. My skill set includes
- Digital Content,
- Interpersonal Communication,
- Web Content and academic Writing,
- Proofreading,
- Editing,
- Project Management, and
- Public Relations.
5.00+
7+ Reviews
12+ Question Solved
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
Identify the costs associated with going public.
-
Explain the meaning of (a) Differential revenue, (b) Differential cost, and (c) Differential income.
-
Explain the meaning of (a) Differential revenue, (b) Differential cost, and (c) Differential income. Discuss.
-
1 points Question 11 Your 91-year-old great-aunt has terminal cancer. You and shehave had many conversations regarding what she would want done ifshe were incapacitated and could not make choices...
-
A home gym is listed for $786.20 less 36%, 10%, and 2%. (a) What is the net price? (b) What is the total amount of discount allowed? (c) What is the exact single rate of discount that was allowed?
-
David Ltd sold the following machine in 2017: Cost Purchase date Useful life Residual value Selling date $150,000 1 July 2014 5 years $10,000 1 July 2017 $74,000 Sales proceeds Required: 1. Prepare...
-
The ages (in completed years) of the youngest leaders at the time of assuming office Find the mean, the median, and the mode of the data, if possible. If any measure cannot be found or does not...
-
Recognition of Profit and Balance Sheet Presentation, Percentage-of-Completion On February 1, 2010, Hewitt Construction Company obtained a contract to build an athletic stadium. The stadium was to be...
-
Data for the two departments of Kimble & Pierce Company for June of the current fiscal year are as follows: Work in process, June 1 Completed and transferred to next processing department during June...
-
Understand the process of mobile manufacturing company commencing from raw material decision to final delivery to the end consumer. Make a flow chart and suggest a strategy for procurement, vendor...
-
Richard, age 35, is married and has two children, ages 2 and 5. He is considering the purchase of additional life insurance. He has the following financial goals and objectives: Pay off the mortgage...
-
Explain the financial impact of premature death on the different types of families in the United States.
-
West Mountain Radio, an electronics firm specializing in equipment interfaces, had been in a marginal tax bracket of 39 percent and then this year had an increase in taxable income of \($150,000.\)...
-
Get together in groups of three or four people. As a group, take 20 minutes to make a list of all the specific ways you can think of that the law has been used to directly respond to health-harming...
-
When you are painting a car with a sprayer, you get more even coverage (the paint droplets are evenly spread out) and less overspray (fewer droplets of paint that dont end up on the vehicle) if you...
-
Its hard to know what to look out for in organizationswhich conflict should be addressed and which conflict is a minefield that should be avoided. While diverse views are valued and can be...
-
Jay is reviewing his portfolio, which includes certain stocks and bonds. He has a large amount tied up in U.S. Treasury bills paying 2%. He is considering moving some of his funds from the T-bills...
-
A washtub bass is a simple instrument consisting of a string stretched between a pole and a metal washtub. The musician can play different notes by pulling back more or less on the pole. Explain how...
-
A proton is traveling at 200 m/s in the positive x-direction. There is a 2.00-T magnetic field in the positive y-direction. Determine the force on the proton.
-
F.(3e* -2x 3 sin(2x)) is equal to 2 3 Cos 8. IT 3, t (4+@ 2 3, 1+o 1 4 Cos 4 4 1 3. 1 +4cos V7 (1+o 4 1 4 Cos 4 1+0 4-
-
To map QTLs, researchers cross strains that differ with regard to a. a quantitative trait. b. molecular markers. c. a quantitative trait and molecular markers. d. a quantitative trait and a...
-
Explain the difference between indemnity value and replacement value.
-
What is the basis for current state regulation of insurance? Explain
-
A major French insurer is in a position to take over an Irish-based insurance company called FarmInsure Ltd. FarmInsure has a particular focus on agricultural insurance which may complement the...
-
A- You work for a construction company. You want to tell your B- important customer that you will have to stop working on the project (building his own house) due to shortage in staff. The approach:...
-
What does it mean by combining consumers into groups with common needs that will respond similarly to a marketing action? Explain.
-
4.1 WHY WOMEN LIVE LONGER Some British scientists now believe that women live longer than men (a) T cells, a vital part of the immune system that protects the body from diseases. Previously, various...
Study smarter with the SolutionInn App