Life assurance companies offer contracts from time to time which guarantee income to the policyholder. The...

Life assurance companies offer contracts from time to time which guarantee income to the policyholder. The attraction of these products and the rate offered at any time vary too. There are useful vehicles for investment of lump sum.

Review the various options available in the marketplace.

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From a policyholder perspective, the use of deductibles in insurance contracts is Risk avoidance. b. Risk...

From a policyholder perspective, the use of deductibles in insurance contracts is Risk avoidance. b. Risk retention. c. Risk control. d. Risk transfer.

life insurance policyholder may borrow the cash value from their life insurance policies. where are life...

life insurance policyholder may borrow the cash value from their life insurance policies. where are life insurance policy loans shown on life insurance company's financial statements ? A) as an asset. B) as income. C) as an expense. D) as a liability.

How can insurance companies offer a guarantee to pay for certain medical expenses? How do they...

How can insurance companies offer a guarantee to pay for certain medical expenses? How do they determine the appropriate premium to charge?

Veritime Assurance Company provides both automobile and life insurance to its customers. Income statements for the...

Veritime Assurance Company provides both automobile and life insurance to its customers. Income statements for the two products for the most recent year appear below: Automobile Insurance Life Insurance Sales revenue ................ $4,000,000 $12,000,000 Variable costs ................ 3,510,000 10,200,000 Contribution margin ........... 490,000 1,800,000 Fixed costs ................... 600,000 700,000 Net income/loss ............... <110,000> 1,100,000 The president of the company is considering dropping the automobile insurance product line. However, some policyholders prefer having their auto and life insurance with the same...

To attract a higher income from commercials, a new morning soap opera must guarantee advertising agencies...

To attract a higher income from commercials, a new morning soap opera must guarantee advertising agencies that at least 20% of the tele-audience will watch the program. The producers of the new soap opera hired a marketing company to conduct an investigation among 2,000 people in the teleauditorio. Of the 2,000 people, 300 watch the soap opera at least once a week. At the 0.05 level of significance, can it be said that 20% of the audience watches the soap...

1. a) From the following, determine which would be contracts for necessaries and which would not?...

1. a) From the following, determine which would be contracts for necessaries and which would not? Explain your answer. i) Car to drive to lecture theatre if staying in USP hostel? ii) Money for an around the world air ticket? iii) A loan from an uncle for USP fees and then using it to buy a new laptop? 2. Explain in your own words what you understand about common mistake and how you can distinguish it from mutual mistake. 3....

2) Which of the following is true of life insurance companies? A) Typically the type of...

2) Which of the following is true of life insurance companies? A) Typically the type of assets that life insurance companies hold are corporate bonds, commercial mortgages, and corporate stock. B) The two typical forms of life insurance polices that are held can be classified as whole and variable life policies. C) The major risk that life insurance companies face is that payouts to policy holders are very hard to predict. D) Life insurance companies have suffered from wide spread...

9 The product life cycle model ________________________________________. helps companies develop new products explains the time it...

9 The product life cycle model ________________________________________. helps companies develop new products explains the time it takes for a population to fully accept a new product describes reasons for why consumers buy or don't buy a particular product helps managers understand how marketing strategies need to be adapted as market conditions change helps managers predict how much time it will take to bring a product to market

“stateless income ”is a strategy used by some companies operating in Ireland. Discuss： Which companies can...

“stateless income ”is a strategy used by some companies operating in Ireland. Discuss： Which companies can take advantage of this strategy; Tax regulations that promote the strategic Tax reduction due to the strategy. （200 words）

When calculating premiums on life insurance products insurance companies often use life tables which enable the...

When calculating premiums on life insurance products insurance companies often use life tables which enable the probability of a person dying in any age interval to be calculated. The following table gives the number out of 100,000 females who are still alive during each five-year period of life between the age of 20 to 60 (inclusive): Out of 100,000 females born Exact age (years) Number alive at exact age 20 99,150 25 98,983 30 ...

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