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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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At the time a $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $350 and petty cash of
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3 years ago
Adrian contributed an antique vase she had owned for 25 years to a museum. At the time of the donation, the vase had a value of
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Answer:

How much may Adrian deduct?

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Tom needs a new washing machine. A new one costs $400. He decides to save and buy one next year. All other factors being equal,
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Answer:

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