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Below are two set of information. The first is about.... Below are two sets of information. The first is about insurance the second about home
Below are two set of information. The first is about....
Below are two sets of information. The first is about insurance the second about home loans. Review the information in each pair a) Income Protection Insurance quotes for Bill who earns $80,000 per annum. Company A with a waiting period of 90 days, Benefit period 5-years, Replacement rate 70% per month. Premium $80/month Company B with a waiting period of 90 days, Benefit period 3-years, Replacement rate 60% per month. Premium 5100/month Does this combination of information make sense? Are they what we should expect? Explain briefly b) Home Loan quotes for $300,000 loan Bankeast: Interest 5%; Fee $500; Comparison Rate 5.4% HCBS: Interest 5%, Fee $50; Comparison Rate 5.4% Does this combination of information make sense? Are they what we should expect? Explain briefly. Below are two sets of information. The first is about insurance the second about home loans. Review the information in each pair a) Income Protection Insurance quotes for Bill who earns $80,000 per annum. Company A with a waiting period of 90 days, Benefit period 5-years, Replacement rate 70% per month. Premium $80/month Company B with a waiting period of 90 days, Benefit period 3-years, Replacement rate 60% per month. Premium 5100/month Does this combination of information make sense? Are they what we should expect? Explain briefly b) Home Loan quotes for $300,000 loan Bankeast: Interest 5%; Fee $500; Comparison Rate 5.4% HCBS: Interest 5%, Fee $50; Comparison Rate 5.4% Does this combination of information make sense? Are they what we should expect? Explain briefly Step by Step Solution
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