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4 years ago

What is the additional premium cost to have the automatic premium loan provision included in a permanent policy?

Business

1 answer:

JulsSmile [24]4 years ago

4 0

Answer:

Nothing

Explanation:

Automatic premium loans provision is a benefit which is provided to the clients who already have a life insurance policy. It helps them to pay the premium from any cash value which is due. This provision is structured to help the clients and normally insurance companies charge no additional premium cost. It helps to prevent lapses in the policies.

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What is the rate at which one currency is converted to another currency called?

n200080 [17]

My answer would be C ''Foreign Exchange Rate''.

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4 years ago

Read 2 more answers

An individual purchased a $100,000 Joint Life policy on himself and his wife. Eight years later, he died in an automobile accide

k0ka [10]

Answer:

$100,000

Explanation:

In the case of joint life policy, the other person who is covered in the policy has the right to claim the amount after death of one person

In the given case, the husband has died after 8 years of purchasing the joint-life policy due to an automobile accident. So, the wife has the right to claim for the policy amount i.e $100,000. This claim is valid for the only first death

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4 years ago

Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals

Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

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4 years ago

To begin motivating an apathetic associate, a manager informally questions her about her satisfaction with her job's ability to

fgiga [73]

Answer:

Maslow’s need hierarchy

Explanation:

According to Maslow's Hierarchy of needs, there are five stages of needs which are physiological, safety, love, esteem, and self-actualization. As per this theory, newer higher ranking needs start to emerge when an individual is satisfied by the previous need structure.

When a manager questions about her satisfaction with her job's ability to provide safety, social interaction, self-respect, and opportunities for growth, he trying to figure out the stage at which the associate is currently on.

7 0

3 years ago

Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected in full in the first month follow

hjlf

Jasper Company Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

<h3>Cash Receipts Budget for April, May, and June:</h3>

April May June Total

Cash Sales 30% $157,500 $160,500 $168,000 $486,000

Credit Sales 70% 400,000 367,500 374,500 1,142,000

Total $557,500 $528,000 $542,500 $1,628,000

Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

To learn more about cash receipts visit the link

brainly.com/question/15561219

#SPJ4

3 0

2 years ago