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AlladinOne [14]
3 years ago
9

_____ can be both an advantage and a disadvantage of universal life insurance.

Business
1 answer:
Ede4ka [16]3 years ago
8 0
The correct answer is known as Flexible Premium Life Insurance.
Life Insurance or Insurance is described as an agreement among an insurer and a policyholder, wherein the insurer ensures promised payment of a death beneficiary to named beneficiaries upon the death of the insured individual. The Insurance Company creates an agreement upon a death benefit in consideration of the charge of premium with the aid of the insured.
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Explanation:

Much like private companies, the Federal government is also required to insure its workers and this is regulated under the Office of Workers' Compensation Programs (OWCP). There are several compensation programs but the relevant one here is the EECICP.

The EECICP is for federal employees in the Department of Energy as well as agencies related to them. This also includes contractors and subcontractors. Under this program, eligible workers who got injured are entitled to a lump-sum compensation as well as health benefits. If the worker dies as a result of the injuries however, a lump-sum might go to their survivors instead.

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What is the main disadvantage of moving to e-money loading... or moving to a cashless​ society?
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This will be misleading to the market and will break the law as the company must provide promotions for products that are available only

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3 years ago
Suppose the value of the price elasticity of supply is 4. what does this mean? a 1 percent increase in the price of the good cau
Aleonysh [2.5K]

A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.

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3 years ago
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Read 2 more answers
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