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Igoryamba
2 years ago
12

Universal life is a whole life policy that combines _____- life insurance and ____ elements.

Business
1 answer:
creativ13 [48]2 years ago
8 0

Universal life is a whole life policy that combines __term___- life insurance and __investment__ elements.

<h3><u>Universal Life Insurance: What Is It?</u></h3>

Permanent life insurance includes universal life insurance. If the insured person has a universal life insurance policy, they are <u>protected</u> for the rest of their lives as long as they continue to pay their payments and adhere to all other policy conditions. Universal life insurance combines lifelong protection with a savings element, known as "cash value," like many permanent life policies. The death benefit of the policy is distributed to your beneficiaries after your passing.

<h3><u /></h3><h3><u>What advantages does universal life insurance offer?</u></h3>

In addition to providing everlasting protection, universal life insurance has the following extra features:

  • The cash value of the policy may be withdrawn or used as collateral for a loan.
  • You receive interest on your cash value.
  • Premiums are flexible for you.
  • A death benefit is a movable object.

Learn more about insurance with the help of the given link:

brainly.com/question/8059922?referrer=searchResults

#SPJ4

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3 years ago
56. Anne LLC purchased computer equipment (5-year property) on August 29 with a basis of $30,000 and used the half-year conventi
klasskru [66]

Answer:

B. $1,728

Explanation:

Data given in the question

Number of computer equipment purchased = $30,000

So, by considering the above information the maximum depreciation expense is

= Number of computer equipment purchased × depreciation rate under MACRS for 5 years property × half year basis

= $30,000 × 11.52% × 0.5

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3 years ago
If a beneficiary is enrolled in a ma-only ppo and they also sign up for a pdp plan, they will be automatically dropped from thei
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If a beneficiary is enrolled in a MA-only PPO and they also sign up for a PDP plan, they will be automatically dropped from their MA plan is a "True" statement.

<h3>What is PPO plan?</h3>

PPOs are a form of health plans that let members see medical professionals both inside and outside the plan's network. Members can just use services outside the network, but doing so will result in increased out-of-pocket expenses and a possible lack of coverage for specific services.

Some key features of PPO are-

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  • The term "network providers" or "in-network providers" refers to these medical professionals, who might comprise PCPs, specialists, and sometimes even institutions like labs, hospitals, or urgent care facilities.
  • PPO members are insured for care both from in- and out- of-network providers, but they will pay more for the in providers and less for in-network doctors and hospitals.
<h3>What is MA plan?</h3>

Another option for getting your Medicare Both A B coverage is through Medicare Advantage Plans.

Some key features of MA plan are-

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To know more about benefit of PPO, here

brainly.com/question/5410785

#SPJ4

8 0
2 years ago
A resume is the most common and straightforward.
tiny-mole [99]

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3 years ago
Read 2 more answers
Space Fuel Inc. is considering establishing a new propellant depot to provide space vehicles a refueling point in their trek to
schepotkina [342]

Answer:

NPV = $55,894.45

Explanation:

the initial outlay of the project is $200,000

the salvage value is $10,000

useful life 10 years

annual costs $9,000

annual savings $50,000

luckily there are no taxes in space

we must determine the effective interest rate in order to be able to discount the future cash flows

(1 + 0.0478/6)¹² - 1 = 9.99%

the net cash flow per year (for years 1 - 9) = $50,000 - $9,000 = $41,000

net cash flow for year 10 = $41,000 + $10,000 = $51,000

using a financial calculator, the NPV = $55,894.45

7 0
4 years ago
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