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
#SPJ4
Answer:
<u>fostering competition</u>
Explanation:
By deciding to focus on a particular niche these smaller firms in effect foster competitions among other larger firms.
For example, if in a market for shoes, a small firm A, that is newly established decides to focus only on selling shoes for children after recognizing they cannot match up with an existing larger company B that sells a variety of shoes (both children and adult shoes). At a point in time when a number of small businesses are operating in this manner, the larger companies would recognize and account for their influence on the market.
<span>The market structure for which economists have the least precise model of price determination is oligopoly.
</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
According to the given statement Lindsey holt purchased preferred stock.
The correct option is B.
<h3>What is the preferred stock?</h3>
Preferred stock, which is a component of share capital and is commonly referred to as a combination indicator, is an asset that has any combination of features that common shares does not, such as those of an equity and a promissory note.
<h3>How do preferred stocks work?</h3>
securities with a repaired par value that pays dividends at a fixed rate, generally based on a proportion of the par value. The market price of preferred shares, like bonds, is dependent on changes in interest rates. When interest rates rise, the value of the preferred stock falls.
To know more about preferred stock visit:
brainly.com/question/15078323
#SPJ4
I understand that the question you are looking for is:
Lindsey Holt owns stock in the Galloway Gems Company. She knows in advance that the dividend on this stock is a $1.50 per share and that it is a promised or contractual and constant dividend . Given this, you know for sure that she purchased which type of stock?
A. Green chip
B. Preferred
C. Penny
D. Uncommon
E. Growth
In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.
<h3>What is communication strategy?</h3>
A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.
Hence, the significance of communication strategy is aforementioned.
Learn more about communication strategy here:
brainly.com/question/13363001
#SPJ1