Answer: The plan is funded by permanent insurance only;
Explanation:
Key person insurance simokt refers to a form of life insurance policy whereby a death benefit is provided to a business when there's death if the owners or a key employee.
The key employee is the insured, the employer is is the owner, payor and beneficiary of the policy.
From the options given, we should note that key person insurance is not funded by permanent insurance only. Therefore, the correct option is B.
Hi!
All of the following are characteristics of the prepaid tution plan except: A. It has an open enrollment period.
D) selecting random sample allows for a more representative sample in a survey.
Answer:
The school is defined as one of the most important- formal agency of education which plays a major role in moulding the ideas, habits and attitudes of a child with a view to produce well balanced personalities: physically strong, mentally alert, emotionally stable, culturally sound and socially efficient.
I hope it's helpful!
