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NemiM [27]
3 years ago
6

Which of the following statements about Equity Indexed Life insurance is TRUE?

Social Studies
1 answer:
FrozenT [24]3 years ago
7 0

Answer:

C. The interest credited to the policy is based off of the performance of a stock market index like the S&P 500

Explanation:

 

The appeal of this strategy is that the interest credit will theoretically be greater than what the general account of a traditional insurer will pay by linking the potential interest credit to a stock market index. Based on the policy's design, there is no negative impact on existing cash values if the index falls in value.

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When the owner of a $250,000 life insurance policy died, the beneficiary decided to leave the proceeds of the policy with the in
dusya [7]

Answer:

If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.

Explanation:

The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.

Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.

When a beneficiary collects this sort of interest it is usually taxable.

Cheers!

3 0
3 years ago
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey asks him what he would do if the price
zepelin [54]

Answer:

the definition of a market in determining the price elasticity of demand

Explanation:

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In the context, Juan Carlos is is filling up a survey regarding the demand or purchasing of toothpaste when the price of the toothpaste changes. Thus this is important to study the price elasticity of demand of a product in the market economy.

3 0
3 years ago
When a local resident in the town of henzville killed 4 people with a gun, he was considered a murderer. however, weeks later, w
maks197457 [2]
The answer is fundamental attribution error. This is our inclination to clarify somebody's conduct in light of interior elements, for example, identity or air, and to think little of the impact that outside elements, for example, situational impacts, have on someone else's conduct.
5 0
3 years ago
Why is the middle east considered a region?<br><br><br><br> (Egypt)
DochEvi [55]

Answer:

Thats because it straddles the continents of Europe and Asia, and because its historical experience is intertwined both with that of European states and with that of the Middle East.

Hope this helps!

3 0
3 years ago
Read 2 more answers
Which of the following is NOT a practice of Maya culture?
faltersainse [42]

Answer:

i don't think the woman pulled their teeth out

7 0
2 years ago
Read 2 more answers
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