FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following terms describes an insurance policy that covers the lives of two people and is payable only after both have died? a.A

Which of the following terms describes an insurance policy that covers the lives of two people and is payable only after both have died?

a.A variable life insurance policy.

b.An indexed universal life insurance policy.

c.A split-dollar life insurance policy.

d.A second to die life insurance policy.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Introduction To Health Care Management

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

128408101X, 9781284081015

Students also viewed these Finance questions

Question

★★★★★
Explain why taxpayers are allowed to exclude gifts and inheritances from gross income even though these payments are realized and clearly provide taxpayers with the wherewithal to pay.

Answered: 1 week ago

Question

★★★★★
=+b) Using the given mean and standard deviation, create an R chart for these samples.

Answered: 1 week ago

Question

★★★★★
Dirkson Company and Hawkins Corporation, two corporations of roughly the same size, are both involved in the manufacture of in-line skates. Each company depreciates its plant assets using the...

Answered: 1 week ago

Question

★★★★★
william needs 275,750 in 10 years. **how much should he invest on a quarterly basis AT (10%,4) to be able to meet his needs.

Answered: 1 week ago

Question

★★★★★
Question Select the prepositional phrase in each sentence. Sam always parks the truck in tow-away zones. A Sam always parks B parks the truck in tow-away zones 2 Points Question 20 Select the correct...

Answered: 1 week ago

Question

★★★★★
There is an amusement park where children of a certain age get a discount. At the ticket kiosk, the computer asks the age of the participant. If their age is younger than 15, the entrance price is...

Answered: 1 week ago

Question

★★★★★
E23.3 (LO2, 3) (Preparation of Operating Activities SectionIndirect Method, Periodic Inventory) The income statement of Rodriquez SA is shown below. Rodriquez SA INCOME STATEMENT FOR THE YEAR ENDED...

Answered: 1 week ago

Question

★★★★★
Currently, over half the human population uses the internet, thus creating the growing problem of what is called "digital pollution" which originates from both the Earth materials used to make the...

Answered: 1 week ago

Question

★★★★★
A company named Contoso, Ltd. is migrating its legacy PBX system to Microsoft Teams Phone. As a Microsoft Teams administrator you want a single provider for Teams Phone and the PSTN carrier. What...

Answered: 1 week ago

Question

★★★★★
1.) On May 22, 2010, Nicanor bought house and lot valued at Php 10,000,000 paying 20% down-payment with the balance payable in 10 years. On September 30, 2019, Nicanor died. The fair market value at...

Answered: 1 week ago

Question

★★★★★
How does Firestone's response to the Ebola crisis differ from its response to Liberia's civil wars? How much of Firestone's actions were influenced by financial considerations and how much from...

Answered: 1 week ago

Previous Question Next Question