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how to slove this. Question is based in the United states. Charles and Susan are thinking about starting a family. In preparation for this new
how to slove this. Question is based in the United states.
Charles and Susan are thinking about starting a family. In preparation for this new phase of their life, they visited a local hospital to learn about the costs of delivery and care. They learned that the average cost for a normal birth is $7,500. This took Charles's breath away, until he remembered his employer- provided insurance coverage, under which he and Susan are covered. The plan features are as follows. $500 per person deductible 10% coinsurance $2,500 out-of-pocket yearly maximum Based on the hospital's estimate and their insurance policy, how much will Charles and Susan pay if Susan gives birth in early January (the beginning of a new insurance year)? How much will the insurance company pay? Charles and Susan will pay Insurance company will pays e Textbook and Media Since you last checked in with Charles, he received a promotion and raise at work. His new annual income is $49,500. Given his new promotion and the fact that he and Susan are thinking of starting a family, he is considering buying a disability policy. Because his employer does not provide this as an employee benefit, he needs to buy a policy in the open market How much replacement income should he shop for? He should look for a policy that will replace $ of his income How much might this type of policy cost per year? He can expect to pay between $ and $ per year. e Textbook and Media As a hopeful new mother, Susan is anxious to make sure that, as a family, their financial house is in order. She is thinking about buying a life insurance policy. Right now, she has $52,500 in coverage from her employer. Based on the estimation procedure, how much additional coverage should she shop for if her current salary is $32,000 per year? Susan should shop for $ e Textbook and Media Charles has been collecting sports memorabilia for many years. Right now, his collection is worth only $650. Does he need a personal property rider (floater) at this time? Let's say that he continues to collect and the value of the memorabilia increases to $2,600. Will he need a personal property rider at that time? Charles has been collecting sports memorabilia for many years. Right now, his collection is worth only $650. Does he need a personal property rider (floater) at this time? Let's say that he continues to collect and the value of the memorabilia increases to $2,600. Will he need a personal property rider at that time? If yes, approximately how much will the rider cost? Riders' cost $ eTextbook and Media Charles and Susan are thinking about starting a family. In preparation for this new phase of their life, they visited a local hospital to learn about the costs of delivery and care. They learned that the average cost for a normal birth is $7,500. This took Charles's breath away, until he remembered his employer- provided insurance coverage, under which he and Susan are covered. The plan features are as follows. $500 per person deductible 10% coinsurance $2,500 out-of-pocket yearly maximum Based on the hospital's estimate and their insurance policy, how much will Charles and Susan pay if Susan gives birth in early January (the beginning of a new insurance year)? How much will the insurance company pay? Charles and Susan will pay Insurance company will pays e Textbook and Media Since you last checked in with Charles, he received a promotion and raise at work. His new annual income is $49,500. Given his new promotion and the fact that he and Susan are thinking of starting a family, he is considering buying a disability policy. Because his employer does not provide this as an employee benefit, he needs to buy a policy in the open market How much replacement income should he shop for? He should look for a policy that will replace $ of his income How much might this type of policy cost per year? He can expect to pay between $ and $ per year. e Textbook and Media As a hopeful new mother, Susan is anxious to make sure that, as a family, their financial house is in order. She is thinking about buying a life insurance policy. Right now, she has $52,500 in coverage from her employer. Based on the estimation procedure, how much additional coverage should she shop for if her current salary is $32,000 per year? Susan should shop for $ e Textbook and Media Charles has been collecting sports memorabilia for many years. Right now, his collection is worth only $650. Does he need a personal property rider (floater) at this time? Let's say that he continues to collect and the value of the memorabilia increases to $2,600. Will he need a personal property rider at that time? Charles has been collecting sports memorabilia for many years. Right now, his collection is worth only $650. Does he need a personal property rider (floater) at this time? Let's say that he continues to collect and the value of the memorabilia increases to $2,600. Will he need a personal property rider at that time? If yes, approximately how much will the rider cost? Riders' cost $ eTextbook and Media Step by Step Solution
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