A drop in interest will result in lower payments because of its overall discretion value
Answer:
Non-forfeiture option
Explanation:
Insurance is usually taken to guard against uncertainty of an event in the future. For example if a fire breaks out in an office, insurance can be used to regain an agreed portion of the office value from the insurance company.
It is a way of guarding against risk.
Non-forfeiture option is used to prevent unintentional coverage payment lapse.
This is done with the use of automatic premium loan and grace periods in case of default.
The challenge of indirect benefits occurs when the social, economic, or environmental benefits of a company's sustainability commitments do not directly benefit primary customers or clients.
<u>Explanation:</u>
An indirect gain is a profit which can not be directly measured but is still appreciated-as opposed to the more readily quantified direct benefits like decreased headcount or increased revenue. The indirect advantages progress only when the customers or clients are also benefited, otherwise one or another day the failure of such tactics, destruction of image of firm, etc would happen.
Labor productivity is the best illustration of a technology's indirect gain; greater performance does not necessarily contribute to the elimination of an ongoing cost element but is understood in the context that it helps workers to do their roles better and quicker.
During a home rental process you must place a security deposit down in order to rent the home. You also sometimes will have to pay a couple months rent in advance.
