Which of the following is TRUE regarding an indeterminate premium whole life policy?
A. The premium is lower in the first year of the policy; then it is gradually raised every year.
B. The premium is level throughout the life of the policy.
C. The premium is usually higher in the first few years of the policy.
D. The premium can be raised up to a guaranteed maximum rate.

Answers

Answer 1

Answer:

B.

Explanation:

Premium is the level in which my co-workers respect. I believe it's an important factor.

Answer 2

In an indeterminate premium whole life policy, the premium is not fixed or level throughout the life of the policy. Regarding an indeterminate premium whole life policy, the premium is usually higher in the first few years of the policy. Hence, option C is the correct answer.

The initial premiums are typically higher than what is necessary to cover the cost of insurance during those years. The excess amount paid in the early years helps to offset the higher costs in later years, when the insured individual is older and more likely to experience higher mortality risk.

The purpose of the indeterminate premium structure is to provide more affordable premiums in the early years of the policy, when individuals often have lower incomes or financial obligations.

Therefore, option C, stating that the premium is usually higher in the first few years of the policy, is the correct statement regarding an indeterminate premium whole life policy.

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Related Questions

social media eventually will replace all traditional media formats?

A. True
B. False

Answers

Answer:

A

Explanation:

How do people in average Midwest towns feel about Walmart joining the community? Why? (Is Walmart good or bad for those towns… or both? Explain.)

Answers

Answer:

When Walmart joins a community or wants to join a community. People feel resistant about it because it is a very big competence that provides products at very competitive prices that make them win the retailers' war.

They are both good and bad.

Good because they produce a big amount of jobs, as well as providing products that small stores can't.

Bad because they price their products at very low prices making them have the advantage of the market and reducing the costumers on local stores or businesses.

Explanation:

The reason behind this answer is that Walmart is a supermarket retailer store that provides every type of product. From shoes to cheese. Therefore, all local businesses feel threatened by them. Because they provide products at a very low price, that convinces people to choose them as their store instead of local businesses. That is why they are perceived as bad for local economies, and people feel resistant to them. However, they also provide a good number of jobs to locals and provide a wide range of products to them.

What were Law’s plans?

Answers

Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.

(i) Explain how maintaining a provision for doubtful debts is an application of the principle of prudence.

(ii) Explain how maintaining a provision for doubtful debts is an application of the principle of accruals (matching).

Answers

Answer: 1. To ensure that profit for the year is not overstated. 2.sales is regarded as the expense of the year in which those sales are made and not when the debt is written off.

Explanation:

Provision for doubtful debt is the estimate of the bad debt expected in business within the financial year.with a view to be on the safer side therefore a business are expected to make a provision for doubtful debt. It is always shown as a deduction from sundry debtors in the balance sheet. This ensures that profit for the year is not overstated and also to ensure that the amount of sales for the year is shown in a realisable state in the balance sheet

2. When the amount of sales for the business is not likely to be paid is regarded as an expense in the year under review in which such sales are made. Instead of the expense of the year in which the debt is written off.

When either prices go down or income goes up, there is an increase in which
of the following?
O A. The gross domestic product
O B. Unemployment
O C. The standard of living
O D. The inflation rate

Answers

Answer: The correct answer is option ( c) - The standard of living

Explanation: whenever the price of of a product or service goes down or income of the consumer goes up , standard of living of people of a country rises the value of rs 1 increases. Therefore the people who were buying a particular good or a service in some certain amount , the same person could get the more of that product of service in that certain amount.

Moreover the people who were unable to buy that product or service now they can also buy that product or service

where the standard of living of people of a country increases

also boost of the motivational moral of the people of country due to which they earn more, increasing the GDP of a country.

The chart shows the marginal cost and marginal revenue of producing apple pies.

A 6-column table titled The cost of and return on pie production has 7 rows. The first column is labeled pies produced per day with entries 0, 1, 2, 3, 4, 5, 6. The second column is labeled total cost with entries 0, 1, 1.50, 1.75, 2.25, 3.50, 5.00. The third column is labeled Marginal cost with entries 0, 1, 0.50, 0.25, 0.50, 1.25, 1.50. The fourth column is labeled total revenue with entries blank, 10, 20, 30, 40, 50, 60. The fifth column is labeled Marginal revenue with entries blank, 10, 10, 10, 10, 10, 10. The sixth column is labeled Profit with entries 0, 9, 18.50, 27.25, 37.75, 46.50, and 55.

What most likely will happen if the pie maker bakes a seventh pie?

The marginal cost will most likely decrease to $1.00
The marginal cost will most likely increase to $2.00
The marginal revenue will most likely decrease to $8.00.
The marginal revenue will most likely increase to $12.00.

Answers

Answer:

initially increases as production increases.

Explanation:

There is a very slow increase on the marginal cost. So the Marginal cost would initially increase as the production increases.

The chart above indicates that if the pie maker bakes a seventh pie, option B will likely be used: The marginal cost will rise to $2.00.

What is marginal cost?

Marginal cost is the extra expense arising from an increase in production or an extension of the period a company operates.

The phrase "marginal cost" in economics describes the extra expense that arises from an increase in a company's operations, production, or even the time it takes to produce and run its business.

This means that if the owner decides to raise the production of apple pies, there will be an increase in energy consumption, the workload of employees, and the number of ingredients, which will result in a larger economic expense.

In the scenario mentioned above, if the owner wants to expand the production of apple pies, there will correspondingly be an increase in energy use, employee workload, and ingredient quantity.

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Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of
time?
A Income statement
B Balance sheet
С Statement of owners' equity
D Cash flow statement

Answers

The answer is D I hope I am right

Upon review of the effectiveness of a strategic business decision using evidence-based analytics, business leaders may reverse course. Refer to Highlight, "Unanticipated Consequences at FedEx" What factor(s) led to reversal of the new scheduling system?

Answers

Answer:

The new system consist of limitations that did not examine some critical factors like, a change in time zones, and the time of pilot hours of flying .

Explanation:

Solution:

The factors that led to the turnaround of the new scheduling system is determined by the supposed offer turn around of the new system with in an advanced or highly way or method.

There are also some timely limitations under which favorable decisions can be done.

How can body language, tone of voice and eye contact improve your ability to secure a job during an interview?

Answers

Your body language, tone of voice, and eye contact can improve your ability to secure a job during an interview because you will look more confident and professiona.

if it says i get free answers for the time being then why arent i getting the free answers its still saying i need to pay or watch an ad

Answers

Answer:

that happened to me too, im sorry

Explanation:

that does not happen to me

Explanation:

Which statement describes an effective outline for an informative essay?

An effective outline states whether reference sources are credible or biased.
An effective outline cites all reference sources the writer will use for the essay.
An effective outline restates all the evidence for the essay in a concise manner.
An effective outline organizes the content into an introduction, body, and conclusion.

Answers


An effective outline organizes the content into an introduction, body, and conclusion.
Hope this helps! Remember to give me a like if it did. THANK YOU!

An effective outline organizes the content into an introduction, body, and conclusion.

How do you write an effective outline?

Step 1: Think of an impressive title that will catch the reader's attention.

Step 2: Think of a powerful beginning.

Step 3: Write the thesis statement.

Step 4: Reveal the purpose of your writing in the first paragraph of the main body, introducing the topic.

What is the structure or outline of an effective informative essay?

The basic structure of an informative essay is very simple. It needs to have a beginning, middle, and end. These are known more formally as the introduction, body, and conclusion, respectively.

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What is the setting of the story? “ Muffin Dragon”

A : Magic land
B : Serendipity
C :Dragon way
D :Far Rockaway

Answers

Answer:

A fire-breathing winged serpent adores crunching biscuits more than anything on earth, subsequently his name, the Muffin Dragon. An awesome anecdote about basic financial matters as it identifies with this mythical dragon and merciful yet poor people who live in a once-over mansion in the forested areas

Explanation:

Hope this Helps!

Which of the following is an example of a functional skill?
O A. Knowing how to create an architectural blueprint
B. Knowing how to draw blood from a patient
C. Knowing how to deal with angry customers
D. Knowing how to change the oil in a car

Answers

Answer:

C. Knowing how to deal with angry customer.

Explanation:

Functional skill is a skill in which one has to come up with solutions to various challenges as they arise. As humans, there are some skills that we must continuously use as we grow and such is knowing how to deal with angry customer.

When one is able to calm an angry customer, it will show calmness and some other skill one possess like communication skill which is embedded in functional skill.

With regards to the above question, how to deal with an angry customer could be regarded as example of a functional skill.

Answer:

C. Knowing how to deal with angry customers

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Andrea is a preschool teacher. She works with three- and four-year olds every day from 9am to 3pm. She does not work over the holidays. This is an example of a ______.

traditional career

entrepreneurship

remote worker

non-traditional career

Answers

Answer: Andrea's career is an example of a traditional career.

Explanation: As the description says, Andrea's a preschool teacher that works with four-year-olds and three-year-olds every day from nine to three. An example of entrepreneurship would be to start up a business usually using their money to start the venture, preschool teachers aren't an example of entrepreneurship because preschool teachers do not start up a business to start a venture. An example of a remote worker does not match with being a preschool teacher since preschool teachers work in a traditional office. A remote worker is a person that works from outside of a traditional office. An example of a non-traditional career path is not being a preschool teacher since being a preschool teacher is a traditional career path. Therefore, Andrea's career path, being a preschool teacher, is a traditional career.

How does the Walmart corporation benefit AND harm American producers? American consumers?

Answers

Answer:

Explanation:

They helps to boost economy of country and provides goods and services at reasonable price. On the other hand, it is competitor of many companies like superstore, save on foods etc

Explanation:

Walmart benefits american producers by buying american made products.

Walmart harms american producers because they buy cheaply produced electronics from China. this company is known to contract companies to produce products that

can be sold for a higher price in store, and create a bigger profit for walmart.

Which step of effective cooperative conflict management should the participants in the picture above focus on first?
A. manage goals
B. manage information
C. manage emotions
d. manage problem

Answers

Answer:

C

Explanation:

Manage emotions

Answer:

C. manage emotions

Explanation:

How does a market economy ensure efficient use of resources?
A.
B.
by allowing the government to handle economic decisions
by analyzing the market demand and supply
C. by protecting the citizens' right to buy and sell property
D.
by ensuring that the supply of goods and services is always more than the demand
OE.
by giving a small group of people complete control over the economy

Answers

Answer:

by analyzing the market and demand and supply

Explanation:

Answer:

C. by protecting the citizens' right to buy and sell property

Explanation:

Copied and pasted from the notes... PLATO

In a market economy, all economic decisions depend on market demand. The level of market demand also determines price. The Founding Fathers (a revolutionary group of prominent US professionals) ensured that the US Constitution guaranteed citizens the right to own and protect property, including intellectual property. These rights led to the market economy. A market economy directly indicates what goods and services to produce. It also determines at what quantities and prices they should sell. This model ensures efficient utilization of resources.

May I have help on this question without someone being ignorant

Answers

The correct answer is 3. The establishment clause

Explanation:

In the U.S. Constitution, the establishment clause proposes the state should not promote or prohibit a specific religion. This means the government cannot create laws that favor one religion or discourages citizens from following a religion. This includes the creation of taxes that favor a specific religion.

According to this, in the case presented the court would likely hold that the law violates the establishment clause because by establishing a tax that is associated with a specific church the government would indirectly promote a specific religion and this is against the establishment clause.

Need help asap with question 1 please help?

Answers

answer: enacts the laws

Question five help please

Answers

Answer:

Its 4

Explanation:

hope it helps !!

brainliest plzzzz:))

May I have help with question 3 pleasem

Answers

Either the answer is the first choice or the second one

Which of the following is the best reason to use cash for purchases?
a. Getting more from the ATM is easy to do
b. Keeping track of how much you have spent is simple
c. Splitting bills with friends is easier
d. Losing it won't be a big deal

Answers

Answer:

The correct answer is "knowing what you spend B

Explanation:

By using cash intead of credit card to purchase is way easier to know how much you spend. This is simple to see, in the literally meaning, because when you use cash you actually have it in your hands and know before hand the amount of what is left after spending. Instead, while using credit card, you just swipe it and you buy whatever, what makes easy to lose the track of how much do you spend.

I really need help please help me

Answers

Answer:

the correct answer is usual.

Explanation:

In a suite Olive,Pimento obtains damages.In the U.S. legal system,this remedy at law is usual

hope this works out!

How could you learn more about these occupations? (Job shadowing, part-time jobs, extended learning opportunities, courses at school, etc.)

Answers

There are several things that help when you want to learn more about jobs or occupations:

1) Research.

-Research can help with a lot of things. There are many websites that would be very beneficial if you look up your topic!

2) Ask.

-Asking or even interviewing someone with experience in your topic is another great way to learn about something! If you ask them, they would be more than happy to help you and you can still learn!

3) Volunteer.

-Volunteering is another great way to learn about your job field! Volunteers learn about different things that the job requires you to do and it’ll add value to your resume!

Hope this helps!

Under an expansionary taxation policy, the government tries to stimulate economic growth by

reducing deficits.
reducing taxes.
reducing demand.
reducing spending.

Answers

Answer:

reducing taxes

Explanation:

Tax is a compulsory levy, imposed by the government of a country on individuals and businesses. The aim of imposing tax is to raise revenue by the government and finance provisions of basic infrastructures like housing, education, electricity.etc

When government intends to stimulate economic growth, she does so by creating an expansionary taxation policies. It means that government would cut or reduce taxes thereby making money that should have been paid as tax available to individuals, household and firms.

Government cutting tax will stimulate investment in the country and production of goods and services by businesses and also increase economic activities of consumers due to the availability of money.

Answer:

Reducing taxes.

Explanation: This is the correct answer on Edge 2020 (I just recently took the quiz and made a 100%) ^-^ Hope this helps!

Mark responds to Brianna's concerns about the new employee end of shift policy "this is a policy straight from corporate

Answers

I think my explanation is wrong but here it is :

There are many tactics followed and for the given situation, Mark uses Legitimating tactics.

It is related to compliance with rules, laws, and regulations.

It is not to motivate people but to follow behind the direction given by the organization

It is least effective for the aspects pertaining to pressure, legitimating

It always speaks about rules and makes the employee to follow

Firing of employees comes under legitimate power.

All these are done to achieve organizational goals.

How do agreements for regional cooperation help member nations?​

Answers

Answer: They reduce trade costs and define many rules in which economies operate. If efficiently designed, they can improve policy cooperation across countries, thereby increasing international trade and investment, economic growth and social welfare.

Explanation:

Patrick is a recent college grad and works full time. He lives in an apartment with his best friend. His share of the rent is $400 per month. His take home pay is over $3,500 a month. "I am ready to buy a car," he tells his best friend. "It says here in the paper that with just $100 down I can finance the purchase of a brand new car through the dealership. The sticker price of the car is $17,000. I would have to make 60 payments of $350 each. My credit union will allow me to finance the vehicle with no down payment for 48 payments of $425 each." When shopping around, Patrick finds the same vehicle with a 3 year lease for $250 a month with $500 down. At the end of his lease, Patrick has the option to buy the vehicle for $10,000. Patrick's current credit score is 725. If he chooses not to buy or lease a car, he can continue to take the bus. The cost of a bus is $60 a month. What amount can Patrick afford for transportation each month if he calculates 15% of his net budget for transportation? * 1 point $450 $475 $400 $525

Answers

Answer: true

Explanation:

A partnership with 10 partners distributes its profits of $450,000 equally to the partners except partner #10 who receives
5% of the total profit. How much do partners #1-9 get equally?
con

Answers

Answer: Partners #1-9 get $47,500 each.

Explanation:

Hi, to answer this question, first, we have to calculate the amount received by partner #10, by multiplying the total profit by the percentage in decimal form (5%)

Mathematically speaking:

450,000x (5/100) = $22,500

So, the profit left is:

450,000-22,500 = $427,500

Finally we divide the result by the number of partners left (9)

427,500 /9 = $47,500

Partners #1-9 get $47,500 each.

Feel free to ask for more if needed or if you did not understand something.  

how does a tariff impact a business exporting goods

Answers

Answer:

A tariff has a postive impact when it comes to safeguarding and having an income

Explanation:

A tariff is a tax put on imported or exported goods to protect the goods and earn money. This can be used as a source of income as many states in the US do so.

They can't export their goods as much as they used to be able to. more people will purchase goods that don't have a tariff on them.

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