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3 years ago

J has a whole life policy with a return of premium rider. Which of the following would best describe this rider?

Business

1 answer:

mixas84 [53]3 years ago

4 0

Answer:

The correct answer is:

A term rider on a permanent policy.

Explanation:

A return of premium rider refers to the case when the insured adds some additional clauses to the normal policy for an extra cost. A rider is obtained considering a specific period of time in which the policy would be paid to the beneficiaries in case of death, sickness or disability of the insured person. In case that the insured subject lives more than the pre-established period of time the amount that he paid for the return of premium rider would be given back to him. For example if J pays $50 monthly for a 30 years life term policy and he lives after that period of time, he will receive $18.000 at the end of the contract as a premium return.

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You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are m

nasty-shy [4]

Answer:

The correct answer is to put the two variables in the same type of measure.

Explanation:

To begin with, in order to compare to different variables that are in different measures the correct way to proceed is to put them in the same measure so therefore they will be comparable with each other. Once said that, in this case the person should put the psychological benefits in economics benefits as it is the other variable and in order to do that the person should think of what aspects of his productivity would increase if he takes the vacations and gains the psychological benefits. For example, after getting back from the holidays he may feel himself less stress and more relax and therefore that he may be able to either do more job, more studies or more excercises and all that can impact in an economic way.

7 0

3 years ago

Suppose a commercial bank has checkable deposits of $60,000 and the legal reserve ratio is 25 percent. If the bank's required an

MAXImum [283]

Answer: $30000

Explanation:

Based on the information given in the question, the required reserve will be:

= $60000 × 25%

= $15000

Since the bank's required and excess reserves are equal, then the excess reserve will be $15000.

Therefore, the actual reserves will be:

= Required reserve + Actual reserve

= $15000 + $15000

= $30000

6 0

2 years ago

Can someone plz be my friend? I'm so lonely and sad. :'( plz help me cure my boredom and sadness

Artyom0805 [142]

Answer:

HI same here i have no friends

Explanation:

6 0

3 years ago

Read 2 more answers

The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 3,840 liters in begi

trapecia [35]

Answer:

Total equivalent units of materials = 64,652

Explanation:

Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work

Equivalent Units = Degree of work completed (%) × inventory units

Fully worked = 64,880- 3,840= 61,040

Items units workings Equivalent units

Opening inventory 3,840 3840× 70% = 2,688

Fully worked 61,040 61,040× 100 = 61,040

Closing WIP 5,160 5,160× 70% = 3,612

Total equivalent units of materials 64,652

Total equivalent units of materials =64,652

4 0

3 years ago

Why would you write a complaint to a company?

Harlamova29_29 [7]

Maybe because they didn’t give you what you asked for, or gave you something bad or low quality. hope i gave you some good options! :)

4 0

3 years ago