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Pavlova-9 [17]
3 years ago
11

While a Guaranteed No-lapse Rider relieves the policyowner of the responsibility of monitoring the policy's cash value what is r

equired of him/her to make sure that the policy's no-lapse rider remains in effect?
Business
1 answer:
True [87]3 years ago
8 0

Pay the Premium in full and on time.

Explanation:

A No-lapse guarantee offers an insurance company commitment that a fixed life insurance policy is in place – even though, as long as the agreed retention premium is calculated at the required time, the cash value in the policies drops to zero or less than zero.

The No-Lapse insurance fee is the amount to be paid in order for the policy to remain in force unless the policy is carried out effectively for a certain number of years. The coverage will continue during the lapse period, even when the cash value drops to zero. The insurer provides the guarantee.

When the fee is not collected on the due date, it shall be deemed to have been default and the policyholder may forfeit his advantages. During that time, the fee can be charged without additional charges and the scheme remains in effect.

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Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are list
zhenek [66]

Answer:

instructing

learning strategies

active listening

Explanation:

7 0
3 years ago
... During a strong storm, Missy’s grain drill was mangled by a tornado, which rendered it useless. Before the damage, the grain
Nadusha1986 [10]

Answer:

$40,000

Explanation:

Since Missy's policy had a replacement cost endorsement, her insurer must pay for a replacement grain drill even if its cost is higher than the policy's limit.

Replacement cost insurance is generally better than cash cost insurance because most equipment, buildings (including houses) and vehicles tend to depreciate, and their replacement cost is generally higher than their cash value.

3 0
3 years ago
When an entrepreneur has three employees at a busy and growing software company, what is the primary responsibility of 1
Finger [1]

Answer:

manage the business by finding new customers and investors

Explanation:

Out of the available options, this one would be the best possible answer. But in my opinion it is not the best answer. The entrepreneur is responsible for developing a product or service that can be sold to as many customers as possible. Without the main product or service, the entrepreneur has nothing. After he/she has developed or created his product or service, then the entrepreneur must go out and find customers and investors.

For e.g. Mark Zuckerberg had to develop FB before finding investors or even having any people use it. The same applies to all time genius Steve Jobs who needed to finish the Apple 1 before it could be sold.

After the product or service is ready probably comes the hardest part which is to get enough money to get your project running and get people to use it.

All the other options are important parts of owning a business, e.g. arriving early in the morning (develops a proper work culture) or training employees, but they are not the primary responsibility.

6 0
4 years ago
Read 2 more answers
Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and w
Firlakuza [10]

Answer:

Hersey's bond = $1125.513

Mars bond = $1172.259

Explanation:

Hersey bond;

Period(t) = 10years = 40(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

Using the both present value (PV) and compound interest formula ;

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-40)÷0.025] + [1000÷(1.025)^40]

PV =( 753.083251562) + (372.4306236)

PV = $1125.513

Mars bond;

Period(t) = 20years = 80(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-80)÷0.025] + [1000÷(1.025)^80]

PV =(1033.55451663) + (138.704569467)

PV = $1172.259

5 0
3 years ago
Unlike advertising, public relations Multiple Choice supports promotional efforts by generating free media attention and goodwil
Gala2k [10]

Answer:

<em>Supports promotional efforts by generating free media attention and goodwill.</em>

Explanation:

The role of public relations in an organization is to fit and influence the relationships between an institution and society. Through interpersonal skills and marketing tools, public relations are responsible for effective communication between the public and the organization, minimizing conflicts and ethical and legal barriers that may exist, so that they have a positive influence on the products. and services of an organization to the society in which it operates.

4 0
3 years ago
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