Based on comments that the client wants to pay a regular premium and leave the worry to the insurance company, the whole life insurance policy would best suit his expectations.
A whole life insurance policy is one of life insurance that allows life coverage until the death of the life of the client assured or pays the premium, it has the following traits:
- Assures or insured throughout the life as long as the life assured
- Regular payments or premiums are required throughout the life
- The guaranteed rate of return and requires a level premium.
Other products such as variable, term, and universal would not meet his expectations as:
Variable - expect to make separate account decisions
Universal - expect to direct premiums.
Term - not ideal for mature clients as it is not cost-effective coverage.
Thus, the correct answer would be - the whole life insurance.
Learn more about whole and term life insurance:
brainly.com/question/13919506
Answer:
Explanation:
The best response from Alexandria would be a positive one, counting their blessings that no one was actually hurt and instead of wallowing over the lost books, thinking of a way to recover them. One way would be to ask around for donations from the community in order to re-purchase all of the damaged or destroyed books for the library. This would bring more positivity and at the same time provide a solution to the current problem.
Answer:
Ozzie's purchase of the 2017 new Ford would be included in GDP
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Only goods produced in a given year would be included in the calculation of GDP.
Its only the 2017 new Ford that produced in 2017 that would be counted as part of 2017's GDP
I hope my answer helps you
The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is <u>$ 1,200,000.</u>
= 15,000 * 4 * $20
= $ 1,200,000
Answer: $ 1,200,000
Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.
An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.
Learn more about production here:
brainly.com/question/16755022
#SPJ4