Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 31, 2024

Which of the following statements regarding riders on insurance policies are correct? 1.A policy holder who is concerned with inflation should consider a cost of

Which of the following statements regarding riders on insurance policies are correct?

1.A policy holder who is concerned with inflation should consider a cost of living rider so that the face value of the policy gets increased periodically

2.A waiver of premium can be valuable should an individual experience a prolonged loss of income

3.The accidental death rider allows for a lower premium cost on the policy

4.Riders are applicable to both permanent and term insurance policies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby

4th edition

978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372

More Books

Students also viewed these Accounting questions

Question

★★★★★

For seven? years, France Corporation has been owned entirely by Steve and Maryssa? who are husband and wife? Steve and Maryssa have a $183,000 basis in their jointly owned France stock. The France...

Answered: 1 week ago

Question

★★★★★

Do you think the company's pay structure was better suited to its objectives before or after the reduction in pay level? Why?

Answered: 1 week ago

Question

★★★★★

The Financial Services Modernization Act of 1999 allows banks to own con- trolling interests in nonfinancial companies. What are the two restrictions on such ownership? LO.1

Answered: 1 week ago

Question

★★★★★

1. Use examples and analogies to relate new material to something you care about and understand well, such as sports, hobbies, or films.

Answered: 1 week ago

Question

★★★★★

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years...

Answered: 1 week ago

Question

★★★★★

You have purchased a 3 year zero coupon bond with face value of $1000 and a price of $850 a) what is YTM of this bond? b) suppose you hold this bond to maturity, what is the annual rate of return...

Answered: 1 week ago

Question

★★★★★

Bob purchased a property for $6,500,000 at a 5.50% cap rate. At the time of purchase, there were 15 years remaining on the lease with 7.50% rent increases every 5 years. Bob purchased the above...

Answered: 1 week ago

Question

★★★★★

Analyze the polynomial function f(x) = 5x (x - 9) (x+4) using parts (a) through (e). (a) Determine the end behavior of the graph of the function. The graph of f behaves like y = for large values of...

Answered: 1 week ago

Question

★★★★★

Read the following note on organisational resilience and on the basis of the motivation stipulated for the proposed study answer all questions that follow. Organisational Resilience 21st century...

Answered: 1 week ago

Question

★★★★★

You own a catering hall, and next Saturday, you have two events booked. At noon, you have a luncheon scheduled until 5:00, and then you have a Sweet 16 party, with guests scheduled to arrive at 7:00...

Answered: 1 week ago

Question

★★★★★

1. Explain the difference between manufacturing operations and service operations. 2. Provide a sample of a service organization. Reflection Activity R eflect by relating the university VMO with your...

Answered: 1 week ago

Question

★★★★★

Identity plays an important role in people's professions. In fact, people tend to derive a great deal of their identity from what they do. When some professions are identified as male and others as...

Answered: 1 week ago

Question

★★★★★

Scenario. Consider the following. FUN, a medium-sized (but rapidly expanding) INGO hires you to manage the organization's internal communications and external outreach initiatives. Based in...

Answered: 1 week ago

Question

★★★★★

Year-End Balance Sheet and Statement of Cash FlowsIndirect Method The balance sheet of Poodle Company at the end of 2016 is presented here, along with certain other information for 2017: December 31,...

Answered: 1 week ago

Question

★★★★★

Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions):...

Answered: 1 week ago

Question

★★★★★

What is the purpose of calculating a projects worth? A. To determine if the project was worth doing B. To determine if the project manager did his job properly C. To determine if the project was an...

Answered: 1 week ago

Question

★★★★★

Use the information in fund-level statements in financial analyses

Answered: 1 week ago

Question

★★★★★

Understand key elements in fund-level statements

Answered: 1 week ago

Previous Question Next Question