What is the purpose of life insurance? Do you think everyone needs life insurance? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Life insurance provides a payment to a specified beneficiary when t...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
What is the purpose of life insurance? Define the terms face amount, beneficiary, life insured, and policy owner.
-
One life insurance expert suggests that people should never buy participating life insurance, because the purpose of life insurance is to reduce risk, not to increase it. Discuss.
-
Explain the purpose of life insurance in an estate plan.
-
The jet plane starts from rest at s = 0 and is subjected to the acceleration shown. Determine the speed of the plane when it has traveled 1000 ft. Also, how much time is required for it to travel...
-
Plane, Inc., a U.S. corporation, earned $600,000 in total taxable income for the current year. This total includes $750,000 in U.S.-source income, $50,000 in foreign-source income in the passive...
-
Obtain the daily closes of the S\&P 500 from January 1, 1990, through December 31, 2017, and compute the daily log returns. These are the data used in Figure 1.27 on page 92 and a subset of those...
-
Explain the meaning of the following terms in variables sampling: (a) precision, (b) reliability, and (c) variability.
-
Capital Lease. The City of Jamestown has agreed to acquire a new city maintenance building under a capital lease agreement. At the inception of the lease, a payment of $100,000 is to be made: nine...
-
2. List the functions and benefits of a multi-service Inventory Management Software System. bas SH 3. List five characteristics of an inventory manager and write a brief statement about the one...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Should the Sampsons purchase long term care insurance? Why or why not?
-
Describe the income method to determine the amount of life insurance needed. What is the disadvantage of this method?
-
How likely are you to vote in the next presidential election? A random sample of 300 adults was taken, and 192 of them said that they always vote in presidential elections. a. Construct a 95%...
-
What are the regulatory frameworks governing the use of CRISPR-Cas9 in research and clinical applications, and how do they vary across different countries and regions ?
-
How can CRISPR-Cas9 be used to study gene regulation and epigenetic modifications, and what implications does this have for understanding complex biological processes ?
-
John Kimeu married his first and second wives under Kikuyu customary law in 1980 and 2006 respectively. In 2016, he met and married Joan Wairimu at the Registrar of Marriages Office in Machakos. In...
-
Why does political theory matter? Is a knowledge of political theory as relevant as the study of modern day political issues?
-
Why should we treat political theory as political philosophy? Why is political theory the same as political philosophy? What makes it different from political philosophy? What makes it trustworthy...
-
Find the approximate length of the hypotenuse. Round your answer to the nearest tenth. X 82 38
-
A bar of a steel alloy that exhibits the stress-strain behavior shown in Figure 6.22 is subjected to a tensile load; the specimen is 375 mm (14.8 in.) long and has a square cross section 5.5 mm (0.22...
-
What are provincial bonds? Do all provincial bonds offer the same default risk? Why or why not?
-
List and describe the three types of short-term debt securities. Why would most investors purchase these investments?
-
What is the difference between a CSB and a Government of Canada bond? What is the difference between a CSB and a Canada Premium Bond (CPB)?
-
You are a consultant at a major investment institution. Your institution has a long-standing business relationship with Humberside plc, which is listed on the London Stock Exchange. A new CEO has...
-
How does a leader impact an organization's approach to making the more ethical choices? What examples of relativism, the moral philosophy, in action within your organization? Using the Framework for...
-
A battery is used in a physics lab to supply current to a circuit. A voltmeter connected in parallel across the cell reads 5.17 V in an open circuit (figure a) and 4.83 V in a closed circuit (figure...
Study smarter with the SolutionInn App