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Brums [2.3K]
3 years ago
6

An ideal prospect for a universal life insurance policy is someone who foresees a possible future need to adjust the amount of t

he death benefit and/or the premium for the policy. Also, the prospect should understand all of the following key terms of such a policy EXCEPT:_______.1. The policy holder does not control investment in policy and hence no investment risk.2. The cash value accrue based on credited interest that changes annually but subject to a minimum credit rate. 3. The death values may only adjusted up and down at certain times stated in the policy.4. The premium payments are deposited into separate account of the life insurance company.
Business
1 answer:
pshichka [43]3 years ago
4 0

Answer:

The correct answer is 4

Explanation:

Universal life insurance is the insurance which is an element of the investment savings and the low premiums such as the term life insurance. These policies have a option of the flexible premium and however, some of the policies require fixed premiums or the single premium.

So, the ideal prospect of the policy states that the premium payments are deposited into the General account of the life insurance company not in the separate account. These policy control the investment not the policyholders.  

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Of the world's population of 7.5 billion people, _________ are scraping by on incomes that average less than $2 per day.
ozzi
1.1 billion? According to unicef 3 billion earn less than $2.50 so this seems like the appropriate answer.
3 0
3 years ago
An investment banking firm has been hired to roll up various partnerships into one master limited partnership. What is the compe
liq [111]

Answer:

2%

Explanation:

Based on the industry standards and regulations, an investment banking firm or a broker-dealer canvassing the agreements from limited partners in relation to a roll-up is outrightly limited to compensation of 2% of the value of the newly created securities.

Therefore, the correct answer, in this case, is that the compensation limit for this activity is pegged at 2 percent

3 0
3 years ago
States request assistance from other states through interstate mutual aid and assistance agreements such as:
egoroff_w [7]

States request assistance from other states through interstate mutual aid and assistance agreements such as Emergency Management Assistance Compacts (EMACs)

Explanation:

EMAC, Emergency Management Assistance Compact-all aspects of mutual assistance compact which is at the core of the nation's program of mutual aid.

Since the 1950 Civil Defense and Disaster Treaty signed by the US, EMAC is the first treaty national disaster relief international. Convention. Convention. In 1996, 50 states have passed laws to become EMAC participants in their adoption and signing into statute, Columbia, Puerto Rico, Guam, US Virgin Islands and the Northern Mariana Islands.

A flexible and clear program allowing states to send personnel, supplies and resources to help in response and rehabilitation in other states provides assistance in Governor-declared emergencies or disaster areas.

8 0
3 years ago
The burial of porky logan is considered the turning point of randy’s character, if not the novel as a whole. why might this be t
svetlana [45]
<span>Logan's burial might be considered a turning point in the novel because it is the point at which the democratic process and reasoning are completely abandoned for the attitude that force matters more than good intentions do.

Porky's burial is the first time that Randy actually has to force people to do the right thing. Porky's body is a menace.... it could cause an epidemic that could affect everyone, and no one wanted to be a part of it.... but Randy got it done, and he had to pull his pistol to do it.

The last sentence is significant in illustrating the road ahead: "The engine started and Randy turned away to face the thousand-year night"</span>
5 0
3 years ago
Your annual budget to hire a social media team is $620,000. If each member on the team is paid $18/an hour and works a total of
avanturin [10]

The number of team members you can hire based on your annual budget of $620,000 for the social media team is <u>16</u>.

<h3>What is budgeting?</h3>

Budgeting is the process of making a financial estimate of expected revenue and expenditure for a period.

Budgeting ensures that sufficient funds are made available and spending does not exceed the budgeted amount.

<h3>Data and Calculations:</h3>

Annual budget for media team = $620,000

Member's rate per hour = $18

Total hours worked per year by a member = 2,040

A member's earnings per year = $36,720 ($18 x 2,040)

The number of team members to hire =16.9 ($620,000/$36,720)

Thus, the number of team members to hire for the social media team is <u>16</u>.

Learn more about budgeting at brainly.com/question/24940564

7 0
2 years ago
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