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3 years ago

Which of the following statements about the waiver-of-premium provision in life insurance is true?

Business

1 answer:

Verdich [7]3 years ago

7 0

Answer:

Correct Answer:

D) The disability must occur before a stated age, such as 65, for premiums to be waived.

Explanation:

In Life insurance, the individual insured against bad events that may likely occur in his or her life through an insurance company. This would led to the company to pay his beneficiary or the individual in question if such event happened.

For waiver-of premium to occur in a life insurance,the disability of the individual must occur before the age of 65 years which is assumed to be the retirement age.

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What information should a resume provide?

Vilka [71]

In a typical resume, you will find first, your name and contact information. after that, you will be putting your educational background meaning what high school and university you graduated from. This will be followed by your work experience meaning all the jobs that you have been in whether part time or full time. next, you will be putting all of the organizations that you join whether they be during your high school year or college year. After that, you will list down some of the research papers you made. Lastly, you will be listing down some of your skills and your best personality traits

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3 years ago

What is the slope of the line represented by the equation y=-2/3 - 5x?

iren [92.7K]

Answer:

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Explanation:

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3 years ago

The bulk of evidence suggest that_______.

VashaNatasha [74]

Answer:

Explanation:

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2 years ago

A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable

svetoff [14.1K]

Answer:

unitary contribution margin= $2.52

Explanation:

First, we need to calculate the total variable cost:

Total variable cost= Variable manufacturing expense + Variable selling and administrative expense

Total variable cost= 560,000 + 260,000

Total variable cost= $820,000

Now, the unitary variable cost and the selling price:

unitary variable cost= 820,000 / 520,000= $1.58

Selling price= 2,132,000 / 520,000= $4.1

Finally, the unitary contribution margin:

unitary contribution margin= selling price - unitary variable cost

unitary contribution margin= 4.1 - 1.58

unitary contribution margin= $2.52

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2 years ago

What are inferior goods in business?

OleMash [197]

Answer:

Inferior goods are goods that are bought less as income of buyers increase.

Explanation:

In business, inferior goods can be described as goods that experience declines in their demand or sale when the income of buyers or consumers increase.

This implies that there is a negative relationship between the demand of inferior goods and the income of the buyers.

Put in another way, inferiors goods are the more affordable substitutes for goods that are expensive when the income of the consumers fall.

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3 years ago