This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consumer experts typically recommend which of the following rules when purchasing life insurance? I. ... (Read 34 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jul 11, 2018
Consumer experts typically recommend which of the following rules when purchasing life insurance? I. Avoid policies which pay dividends. II. Purchase life insurance equal to ten times your annual salary.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the yearly-rate-of-return method (also known as the Belth method) of calculating the yearly rate of return for a life insurance policy is (are) true?
 
  I. The formula requires the use of benchmark prices per 1,000 of protection.
  II. The main drawback of the formula is its complexity, necessitating the use of a computer to calculate the rate of return.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


ericka1

  • Member
  • Posts: 544
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Salt glands as an adaptation for marine life. Salt glands as an adaptation for marine life.
two-host life cycles of plasmodium two-host life cycles of plasmodium
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Asomatognosia typically involves damage to the right parietal lobe. Asomatognosia typically involves damage to the right parietal lobe.
Animated The one-way flow of energy and cycling of materials in the world of life Animated The one-way flow of energy and cycling of materials in the world of life
Carbon-11 is used in medical imaging. The half-life of this radioisotope is 20.4 min. What ... Carbon-11 is used in medical imaging. The half-life of this radioisotope is 20.4 min. What ...
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library