Describe some of the differences between participating and nonparticipating life insurance. Which plan should a consumer purchase?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
The participating insurance plan has the following features 1 A relatively large initial premium bas...View the full answer
Answered By
Mario Alvarez
I teach Statistics and Probability for students of my university ( Univerisity Centroamerican Jose Simeon Canas) in my free time and when students ask for me, I prepare and teach students that are in courses of Statistics and Probability. Also I teach students of the University Francisco Gavidia and Universidad of El Salvador that need help in some topics about Statistics, Probability, Math, Calculus. I love teaching Statistics and Probability! Why me?
** I have experience in Statistics and Probability topics for middle school, high school and university.
** I always want to share my knowledge with my students and have a great relationship with them.
** I have experience working with students online.
** I am very patient with my students and highly committed with them
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction to Risk Management and Insurance
ISBN: 978-0131394124
10th edition
Authors: Mark S. Dorfman, David Cather
Question Posted:
Students also viewed these Corporate Finance questions
-
Why do automakers have to adapt their strategies to attract the Millennial market? Describe some of the differences between Millennials and previous generations regarding vehicle ownership. What...
-
List some of the differences between group and individual life insurance.
-
Briefly describe some of the similarities and differences between U.S. GAAP and iGAAP with respect to income tax accounting.
-
A company is deciding whether to produce a new gadget at a plant located in a country close to consumers at a higher labor cost and shorter lead time or to outsource it to a country with a low labor...
-
A wine producer claims that the proportion of its customers who cannot distinguish its product from frozen grape juice is, at most, 0.09. The producer decides to test this null hypothesis against the...
-
A survey conducted by the Thailand Marketing Research Society (TMRS) among 1200 Thai youngsters (13 to 18 years) in the summer of 2002 showed that loss of Thai identity was picked as one of the top...
-
Ticker Services began operations in 2011 and maintains long-term investments in available-for-sale securi ties. The year-end cost and fair values for its portfolio of these investments follow....
-
Avery Corporations northwestern factory provided the following information for the last calendar year: Beginning inventory: Direct materials ...... $50,800 Work in process ...... 58,500 Ending...
-
Review View Design Layout Acaboc Aabbccnabbcc Aabbccde Acbcc AaB Aabce Emphasis Heading 2 Normal Strong Subtitle Title No sol Paragraph Question 4 10 marks On 30 June, Duck Ltd estimated that $8,000...
-
For the base case in this section, as a percentage of sales, COGS = 70 percent, SGA = 14 percent, R&D = 2.8 percent. Depreciation, Interest expense are fixed as stated. Tax Rate is 21 percent. 1.a...
-
What will an insurer do if it learns that an applicant misstated his or her age on a life insurance application? Buster Brown knowingly tells the insurer his age is 28 when he is actually 38. What...
-
Are participating dividends guaranteed?
-
Suppose that when the two reactions described in Practice Problems 13.17 and 13.18 are run at the same temperature and the same concentrations, the NO reaction goes much, much faster than the H 2 O 2...
-
BREAD Products' pretax income for 2019 is * (1 Point) BREAD Products has no Work in Process or Finished Goods inventories at the close of business on December 31, 2018. The balances of BREAD's...
-
Convert the following line of code into assembly language. A (A B)+(BA) Where A and B are both 8-bit variables Activate Windows
-
14. Create a one variable Data Table from what you just copied and pasted giving the total sales for each department, and the Largest Sale from each department. Start your Criteria range in cell A1....
-
E4.1 (LO 1), C The following independent situations require professional judgment for determining when to recognize revenue from the transactions. a. Southwest Airlines sells you an advance-purchase...
-
Spring Flings Company, a fashion retailer that specializes in colorful graphic tees, prepares a master budget on a quarterly basis. The company has assembled the following data to assist in preparing...
-
It is the policy of Hellebore Ltd to make provisions for doubtful debts at a rate of 15 per cent per annum on all debtor balances at the end of the year, after deducting any known bad debts on the...
-
In the busy port of Chennai, India, the number of containers loaded onto ships during a 15-week period is as follows: 1. Develop a linear trend equation to forecast container loadings. 2. Using the...
-
Gwynn & Co. is a small firm of chartered accountants in Cardiff. The audit partner has been asked to make a proposal to Alhambra Bingo Clubs (ABC), a Cardiff-based company, which wants to change from...
-
Indicate whether the following losses are covered under Section II of the homeowners policy. Assume there are no special endorsements. Give reasons for your answers. a. The named insured's dog bites...
-
Explain whether each of the following losses would be covered under Section II in the homeowners policy. If the loss is not covered, explain how coverage can be obtained. a. The insured owns a...
-
Jerry and Lois Gower own and operate the Gower Painting Co. The couple is insured under a Homeowners 3 policy with no special endorsements. The policy has a $100,000 per occurrence limit for personal...
-
Your company BMG Inc. has to liquidate some equipment that is being replaced. The originally cost of the equipment is $120,000. The firm has deprecated 65% of the original cost. The salvage value of...
-
1. What are the steps that the company has to do in time of merger transaction? And What are the obstacle that may lead to merger failure? 2.What are the Exceptions to not to consolidate the...
-
Problem 12-22 Net Present Value Analysis [LO12-2] The Sweetwater Candy Company would like to buy a new machine that would automatically "dip" chocolates. The dipping operation currently is done...
Study smarter with the SolutionInn App