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
Vika [28.1K]
3 years ago
13

You're 35 years old now, and you want to purchase life insurance which will cover your spouse for your lost income in the event

of your death. You want this policy to last until what would be your normal retirement age of 65. Based on the given information, what is the best policy to buy? a. 10-year term policy b. 20-year term policy c. 30-year term policy d. Whole life policy Please select the best answer from the choices provided A B C D
Business
1 answer:
Korvikt [17]3 years ago
6 0

Answer:

c. 30-year term policy

Explanation:

If I am 35 years old now, and want to purchase life insurance which will cover my spouse for my lost income in the event of your death; and if I want this policy to last until what would be your normal retirement age of 65.

Based on the given information, the best policy to buy is a 30-year term policy because logically that adds up as 30 + 35 = 65 years.

A 30-year term policy means the policy expires 30 years after it began.  Generally, a 30-year term is the maximum length of coverage offered, and is usually available to those within the ages 18 to 50.

You might be interested in
Which manager designs the product in a business​
TiliK225 [7]
It is a product design manager
3 0
2 years ago
Read 2 more answers
When looking for a job, taking initiative will help your search efforts. true or false?
BartSMP [9]
The answer is true. Hope this helps.
3 0
3 years ago
If the government owes $10.0 trillion and then borrows $700 billion more this year, this leads toa. a debt of $700 billion and a
77julia77 [94]

Answer:

E:  a debt of $10.7 trillion and a deficit of zero.

Explanation:

Deficits are usually financed by debt. Here the government has incurred an extra debt of $700 billion. The previous debt of $10 trillion may have been due to any reason and not necessarily deficit. However, the passage does not state if the extra debt is due to deficit or not. So it is safe to select option E.

Hence, the government has incurred a total debt of $10.7 trillion and a deficit of zero.

7 0
3 years ago
Which option in a webmail program allows you to type a new message? The option allows you to create a new message. NextReset
mixas84 [53]

Answer:

The "compose" or "draft" option allows you to type a new message.

3 0
3 years ago
If a positive externality in consumption is present in a market, then
larisa [96]
Positive externality is a benefit that is enjoyed by a third party as a result of business transaction. Third parties include any individual, property owner or an organisation or a resource that is indirectly affected. If a positive externality in consumption is present in a market, then the private benefit from a consumption will be different than the social benefit from consumption.
8 0
3 years ago
Other questions:
  • Vendors at Municipal Stadium sell their wares at prices that include the city, state, and transit district sales taxes; the tota
    7·1 answer
  • 1. Suppose Bank One offers a risk-free interest rate of 5.5% on both savings and loans, and Bank Enn offers a risk-free interest
    13·1 answer
  • Cathrine Corporation acquired a machine for $26,000, and has recorded depreciation for 3 yearsusing the straight-line method ove
    5·1 answer
  • Say a pill existed that made people selfless. After taking it they were only interested in others, not themselves. Under the coo
    15·1 answer
  • Long-term debt ratio 0.3
    14·1 answer
  • What is universal default?
    5·1 answer
  • Bakerston Company is a manufacturing firm that uses job-order costing. The company's inventory balances at the beginning and end
    6·1 answer
  • If a company's gross profit turns out to be higher than it had expected, the gross profit method of estimating inventory will ha
    13·1 answer
  • Which principle of john rawls is often included on job applications or organizational websites?
    13·1 answer
  • When one company acquires control of another, how are the acquired company's assets and liabilities recorded?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!