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
Stels [109]
3 years ago
11

COMPARE AND CONTRAST WHOLE LIFE,VARIABLE LIFE AND TERM LIFE?

Business
2 answers:
LuckyWell [14K]3 years ago
6 0

Answer:

<h3>WHOLE LIFE: This policy covers the person for his entire life and then pays a cash revenue that is guaranteed for the investments made during the life of the owner of the policy. For this benefits to be obtained the person must pay a fixed high premium for it.</h3>

<h3>VARIABLE LIFE: This policy covers the person for the same period as the whole life insurance but the premium is not fixed as the cash revenue for investments is not guaranteed.</h3>

<h3>TERM LIFE: The term life insurance is set up for an pecific period the premiums are the lowest and persons won't collect any cash payments for revenues made out of investments at the end of the coverage of the policy</h3><h2 />
Sergeu [11.5K]3 years ago
3 0

Answer:

WHOLE LIFE: This policy covers the person for his entire life and then pays a cash revenue that is guaranted for the investments made during the life of the owner of the policy. For this benefits to be obtained the person must pay a fixed high premium for it.

VARIABLE LIFE: This policy covers the person for the same period as the whole life insurance but the premium is not fixed as the cash revenue for investments is not guaranted.

TERM LIFE: The term life insurance is set up for an especific period the premiums are the lowest and persons won't collect any cash payments for revenues made out of investments at the end of the coverage of the policy.

You might be interested in
Use the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compu
Anna71 [15]

Answer:

C.51.63%

Explanation:

Gross profit percentage = Gross profit/ Net sales ×100

Gross profit $700,400

Net sales $1,356,504

Hence ;

$700,400/$1,356,504 ×100

=51.63%

Therefore the gross profit percentage is

51.63%

8 0
3 years ago
The three commonly used terms to describe levels of service are self-service, limited-service, and full-service.
MAXImum [283]
These three terms should not be interchanged in a Hospitality and Recreation Management Business. These are the meanings of each: 
a. self-service - the customer does all the work on his own (i.e. get water, spoon and fork)
b. limited-service - a usual scenario seen in fast-food chains
c. full-service - hotel services and recreational amenities offer this kind of service.
3 0
4 years ago
Which statement is the best description of a Value Proposition?
makkiz [27]
What are your answer choices ?
7 0
3 years ago
In 2017, Scranton, Inc. sold 2,000 carpets for $50 each. The carpets carry a two-year warranty for repairs. Scranton estimates t
vodomira [7]

Answer:

$3,000

Explanation:

Inventory Sold   2,000*$50=$100,000

Warranty Expense $100,000*3%=$3,000

Therefore $3,000 would be reported in warranty liability account.

When any claim for warranty is reported,the liability will be set off by debiting it and corresponding effect to inventory or stores will be taken.

8 0
4 years ago
The Dulac Box plant works two 8-hour shifts each day. In the past, 500 cypress packing boxes were produced by the end of each da
Alex787 [66]

The level of productivity is now approximately 40.6 boxes/hr

<h3>What is Productivity</h3>

Productivity refers to a ratio between a output volume and volume of input.

<u>Given data</u>

Working hours = 2*8 hours = 16 hours

New productivity = 500 + 0.3*500

New productivity = 650 box/day

New productivity =650/16 box/hour

New productivity = 40.625 box/hour

Hence, the level of productivity is now approximately 40.6 boxes/hr

Therefore, the Option B is correct.

Read more about productivity

<em>brainly.com/question/2992817</em>

7 0
2 years ago
Other questions:
  • Consider a firm with production function f(L,K)=2L+4K. Assume also that the price of capital r=3 and the price of labor w=2. Wha
    7·1 answer
  • Syngman Rhee was not successful doing which of the following? Rebuilding China after the wars Increasing production of China Dri
    12·2 answers
  • E10-1 On March 1, 2021, Beldon Corporation purchased land as a factory site for $60,000. An old building on the property was dem
    6·1 answer
  • True or false? fat loading in the days and weeks prior to an event is recommended as a method of enhancing athletic performance.
    12·1 answer
  • Larson entered Forrester's Auto Mart to purchase a used car. Larson found a vehicle with a sales price of $11,000. After Forrest
    11·1 answer
  • The firm that printed your textbook bought the paper from XYZ Paper Mills. Was this purchase of paper part of​ GDP? If​ not, how
    12·1 answer
  • Maxene Raices says that managers must be involved and set expectations of the employee, making sure to explain why training is i
    13·2 answers
  • Green Cleaning purchased $500 of office supplies on credit. The company’s policy is to initially record prepaid and unearned ite
    10·1 answer
  • Cadmia, a small island nation, recently revised its income-tax law. The new law sought to increase taxes on wealthy corporations
    13·1 answer
  • As a result of the seizing up of the capital markets in 2008, and the shutting down of the CMBS market specifically, life insura
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!