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soldi70 [24.7K]
3 years ago
8

Which of the following statements regarding convertible term insurance is true?

Business
1 answer:
Shtirlitz [24]3 years ago
8 0

Answer: The annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.

Explanation:

A convertible insurance policy is a term that is related to life insurance as it can be changed to a permanent life insurance policy.

Of the options given, the option that is true is that the annual premium for the cash value coverage is lower if an original-age conversion is used than if an attained-age conversion is used.

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A Limit of liability means the maximum amount of liability that an insurance policy has stated at the onset, to pay at most when a loss occurred to the policyholder.

Hence, another name for the maximum payout on the health insurance policy is known as Limit of liability.

Therefore, the Option B is correct.

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What percentage tariff increase has nersa granted eskom for the financial period 2016/2017?
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Rebekah Grace has worked for Specoly Inc., for 20 years without taking a vacation. An internal control feature that would addres
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Rebekah Grace has worked for Specoly Inc., for 20 years without taking a vacation. An internal control feature that would address this situation would be "Other human resource controls".

<h3>What is internal control?</h3>

Internal control is a procedure carried out by a company's board of directors, management, and other staff members and intended to give a reasonable level of assurance that the information is trustworthy, accurate, and timely of conformity with pertinent laws, rules, agreements, policies, and procedures.

An internal control framework is made up of five interconnected elements:

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3 0
2 years ago
American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate
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c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

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4 years ago
Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
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Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ Entry modes at their disposal.

<h3>What is marketing​ ?</h3>

Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.

Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.

Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.

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