1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nostrana [21]
3 years ago
12

A participating life insurance policy has a long-term care rider. The insured qualifies for the benefit. Where does the initial

benefit money come from?
Business
1 answer:
harina [27]3 years ago
3 0

Answer:

It is an advance of the face amount of the policy

Explanation:

The life insurance policy with an added long-term care rider is a policy that suits people who prefers lifetime care benefits. This policy provides an amount (benefit) of the death benefit to pay for some long-term care expenses covered in the policy at any point in time the policyholder requires care. It is important to note that this benefit is simply an advance of the policy's face amount.

You might be interested in
Finding the required interest rate: Your parents will retire in 18 years. They currently have $250,000, and they think they will
Salsk061 [2.6K]

Answer:

i= 8% annual compunded

Explanation:

Giving the following information:

Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.

We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.

FV= PV*(1+i)^n

Isolating i:

i= [(FV/PV)^(1/n)] - 1

i= [(1,00,000/250,000)^(1/18)] - 1= 0.08

i= 8% annual compunded

7 0
3 years ago
Indentify possible transactions​
Nikitich [7]

Answer:

Hope i helped:)

Explanation:

1) All places 0

2)2 of the same numbers canceling each other for example  (-400, +400) (except column 2 because it has 7 free boxes witch means 1 of the boxes have to equal to 0)

7 0
2 years ago
Assume starbucks increased its spending on advertising by 35 percent to increase sales in its current markets. Which growth stra
poizon [28]

We can see here that if we assume that Starbucks increased its spending on advertising by 35 percent to increase sales in its current markets. The growth strategy this​ represents is: (d) Market penetration.

<h3>What is market penetration?</h3>

Market penetration actually refers to the success recorded by an organization or company in the selling of their goods and services to a specific market. Sales volume of the existing goods or services is actually used to measure market penetration.

The options that complete the question are:

(a) Market development

(b) Divesting

(c) Diversification

(d) Market penetration

(e) Product development

Thus, if Starbucks was able to increase its spending on advertising by 35 percent in order to increase sales in its current markets, then they had market penetration.

Learn more about market penetration on brainly.com/question/1172265

#SPJ1

5 0
1 year ago
In order for money to work properly, there can be only a certain amount of it in
tino4ka555 [31]
A.limited supply hope that helps
8 0
3 years ago
A company wants to market different types of shampoo using color-coded bottles, lids, and label print. It has four different col
Oxana [17]

Answer: 40 types

Explanation:

From the question, we are informed that a company wants to market different types of shampoo using color-coded bottles, lids, and label print and that the company has four different colors of lids, five different colors of bottles, and two different colors of print for the label available.

To calculate the different types of shampoo that the company can package, we use the multiplication principle. This will be:

= 4 × 5 × 2

= 40 types

7 0
3 years ago
Other questions:
  • The three types of major stressors in your life are:
    14·1 answer
  • Which of the following definitions describes the term electroncution
    9·1 answer
  • 9. Objective of IS security is to ensure
    13·1 answer
  • Which inventory cost method offers income tax savings during periods of rising prices? a.Weighted average inventory cost method
    9·1 answer
  • Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an
    11·1 answer
  • Toward the end of the selection process, Eleanor is one of two final candidates. She meets with the company's executive vice-pre
    8·1 answer
  • The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first
    8·1 answer
  • Match the given situations to the risks faced by the business. economic risks, natural disasters, right product, operations risk
    12·1 answer
  • A _____ is an ability or accomplishment that makes someone suitable for a particular activity or job.
    10·2 answers
  • the ABC Company has a monthly collected balance of $600,000. Its bank pays an earning credit rate of 0.75%. The Reserve Requirem
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!