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mihalych1998 [28]
3 years ago
10

Which type of life policy would best suit someone who retires in good health with a large amount of cash, whose investment goals

are conservative?
Business
1 answer:
Naddika [18.5K]3 years ago
4 0

Answer:

Single premium whole life insurance

Explanation:

<u>Single premium whole life insurance</u> is the most suitable sort of life plan that accommodates someone who retires in good fitness with a huge amount of money, whose financing purposes remain conventional. Single-Premium Whole Life (SPL) is a sort of life assurance in which a big amount of money is spent toward the protection plan in replacement for a death advantage that is completely promised to remain paid-up continuously till thou die.

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Amortization is a method applied to periodically lower the book value of an intangible asset over a specified period of time. After one year of payment, the total interest would be $1,100.

<h3>What is amortization?</h3>

Amortization means scattering payments over manifold periods. The term is used for two discrete processes. Amortization of loans and amortization of assets.  

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Companies that organize their sales force by customer and territory; product and territory; product and customer; or territory,
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