Obtain a customer signed statement acknowledging that an annuity transaction is not recommended if a customer decides to enter into an annuity transaction that is not based on the insurance producer's or insurer's recommendation.
<h3>Who is responsible for verifying your suitability?</h3>
The insurer or third party delegate authorized pursuant to section 224.
6(c) of Regulation 187 conducts a suitability review prior to the issuance of an insurance product or the effectuation of a sales transaction; and.
The insurer has procedures designed to prevent financial exploitation and abuse.
<h3>What factors are important considerations when determining suitability of an annuity sale?</h3>
Suitability Information Gathered by an Insurer
- Age.
- Annual income.
- Financial situation and needs, including the financial resources you're using to fund the annuity.
- Financial experience.
- Financial goals and objectives.
- Intended use of the annuity.
- Financial time horizon.
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Answer:
A. The salesforce CPQ packages has an original price field which should be used instead of list price in the formula.
Explanation:
The sales force has original price field, this original price should be used instead of list price in the formula. The promotional discount will be then based on list price. This will solve the problem of overridden price in the formula.
Answer:
Fewer; average total
Explanation:
"Firms in the monopolistically competitive movie industry face excess capacity. This means that there are <u>Fewer</u> movies than the output at which <u>average total</u> cost is minimized."
Monopolistically competitive market: Monopolistic competition are defined as situation in market, wherein many seller or firm offer similar kind of product in the market, however, products are not close subtitute. There is low barrier to entry in these market. The monopolistic competitive firm choose a level of output, which is below its minimum efficient scale.
Answer:
x=1 y=0, x=2 y=4, x=3 y=8
Explanation:
substitute all the numbers in the x area and multiply then subtract 4