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3 years ago

Which type of life insurance policy combines term insurance and investment elements?

Business

2 answers:

zysi [14]3 years ago

7 0

Answer:

The correct answer is C: Universal Life

Explanation:

Universal life insurance is a type of cash value permanent life insurance with an investment savings elements. Most of them contains a flexible premium option. However, under the terms of the policy, the excess of premium payments above the regular cost of insurance is credited to the cash value of the policy every month plus an interest. Therefore that this type of life insurance combines both term insurance and invesment elements.

Ne4ueva [31]3 years ago

6 0

To answer the question above as to which type of life insurance policy combines term insurance and investment elements is letter C, Universal Life. Universal Life or in other term Permanent life Insurance is a type of insurance to which is flexible low-cost protection and term life insurance as well as the saving elements like the whole life insurance.

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Explain the difference between<br> (b) Expenses and losses.

Sunny_sXe [5.5K]

The primary distinction between expenses and losses is that costs are incurred in order to produce income, whereas losses are often associated with any other activity. the sale of an asset with a long lifespan for less than its book value. a negative verdict in a lawsuit brought against the business.

The cancellation of bonds that are payable at a cost higher than their carrying value An expense is a business's operational cost incurred to produce income. It may deduct tax-deductible expenses on its income tax returns. Either the cash basis approach or the accrual method is used by accountants to record expenses.

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1 year ago

How does insurance fraud create higher overall prices for everyone?

34kurt

Answer:

Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses.

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2 years ago

Shauna and Danielle decided to liquidate their jointly owned corporation, Woodward Fashions Inc. (WFI). After liquidating its re

kobusy [5.1K]

Answer:

The gain on transaction of Building is $40,000 and of land is $60,000, so total gain is $100,000.

Explanation:

According to the scenario, the given data are as follows:

Cash Appreciation = $0

Building Appreciation = $40,000

Land Appreciation = $60,000

So, We can analyze the gain or loss for WFI after complete liquidation as follows:

So, on the transaction of the building, as building has an appreciation of $40,000, it will make a gain to WFI of $40,000.

Similarly, on the transaction of land, as land has an appreciation of $60,000, it will make a gain to WFI of $60,000.

So, total Gain = $40,000 + $60,000 = $100,000

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2 years ago

A plan to exploit experience-based cost and location economies, transfer core competencies with the firm, and pay attention to l

ikadub [295]

Answer:

D) transnational strategy.

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3 years ago

Estée lauder would not choose to sell to cvs or dollar general because ________.

castortr0y [4]

Estée lauder would not choose to sell to cvs or dollar general because "<span>customer expectations."</span>

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3 years ago