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Short answers: Assets you own, including such items as stocks, bonds, or real estate, are commonly termed ______________________________. Health insurance that provides payments to the

Short answers:

  1. Assets you own, including such items as stocks, bonds, or real estate, are commonly termed ______________________________.
  2. Health insurance that provides payments to the insured in the event that the insured's income is interrupted by illness, sickness, or accident is called _____________________ insurance.
  3. Using the earnings multiple approach, how much life insurance would you need to generate a 20-year $62,400 annuity given a discount rate of 5 percent.

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