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bekas [8.4K]
2 years ago
13

Generally, the payment of an accelerated death benefit is _______ to a recipient if the benefit payment is qualified.

Business
1 answer:
IrinaK [193]2 years ago
8 0

The correct answer is Tax free.

An Accelerated Death Benefit (ADB) enables the holder of a life insurance policy to obtain a portion of the death benefit from the insurer before passing away. The policyholder must typically have a terminal illness with a life expectancy of two years or fewer.

<h3>How are benefits for hastened death paid?</h3>

A lump amount may be provided as part of some hastened death benefits. With a benefit for a terminal disease, this happens more frequently. Payments for chronic illnesses are more frequently made. According to Schelhaas, some accelerated death benefit riders are simple because they pay a specific portion of the death benefit.

To know more about Insurance , visit: brainly.com/question/27822778

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Tyro has the right to drive across ula's land, which is next to tyro's property, to reach an access road. tyro's right is:____.
Sonja [21]

Tyro has the right to drive across ula's land, which is next to tyro's property, to reach an access road. tyro's right is:____.

Easement Appurtenant

What is easement appurtenant ?

A permanent easement that is attached to the land and benefits the owner. A covenant that follows the land is known as an easement appurtenant. The easement annex is transferred together with the title to the actual estate whenever a new owner takes ownership.

To get to an access road, Tyro has the right to drive across Ula's property, which is near to Tyro's property. tyro's right is Easement Appurtenant.

Learn more about Easement appurtenant here:

brainly.com/question/14368215

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4 0
2 years ago
The stockholders’ equity section of Pretzer Corporation consists of common stock ($10 par) $2,650,000 and retained earnings $532
CaHeK987 [17]

Answer:

A. $2,650,000 $3,312,500

B.$532,000 $291,500

C.$10 $10

Explanation:

Before Dividend After Dividend

(a)Stockholders’ equity

Paid-in capital

Common stock, $10 par

$2,650,000 $2,915,000

In excess of par value $106,000

Total paid-in capital

$2,650,000 $3,021,000

Retained earnings

$532,000 $291,500

Total stockholders’ equity

$3,182,000 $3,312,500

(b)Outstanding shares

$265,000 $291,500

(c)Par value per share

$10 $10

10×$26,500=$265,000

$2,650,000+$265,000=$2,915,000

$14×$26,500=$371,000-265,000

=$106,000

$265,000+$26,500=$291,500

8 0
3 years ago
Explain the most well-known service provided by insurance companies. *
earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

6 0
2 years ago
Which of the following is true for project manager that work in a specific industry?
astra-53 [7]

Answer: A. they have expertise in a focused technical topic

Explanation:

6 0
3 years ago
Buyers will often close the sale for you if you:
Ivenika [448]
If you want to buy it
6 0
3 years ago
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