54. who owns a life policy wants to increase the amount coverage due to life birth of the insurers and child Waiver of premium Accidental death benefit Payor benefit Guaranteed insurability T FOCUS [ LISTEN
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- 1. What do you think are the main reasons that people buy auto insurance rCompaby AProvide the criteria on how a medical policy must satisfy before a taxpayercan claim a deduction for Premium for insurance for medical benefits undersubsection 49(1B) Income Tax Act 1967. Please give explaination breifly with example
- tion 2 The rules of risk management appear to be common sense. In view of this fact, how do you account for the widespread violation of these rules in insurance buying today? .Explain the relationship, if any, among the statements: "Don't risk more than you can afford to lose," "Those people who need insurance most are those who can least afford it," and "Insurance should be considered as a last resort." E. What are the implications of the observation that "the cause of a loss is less important than its effect?" In what way does the cost of risk influence the decision to transfer or retain a particular risk? ANT11 which of the following types of insurance best satisfies the need for permanent insurance protection A endowment B term C whole life D annuityWhy would a company want to measure share ofcustomer?
- How can i start a bussines"How doesEntrepreneurship be useful in the following? Choose at least one: A. COVID 19 B. Online Leaming C. To my preferedstrand90 Which of the following types of income are considered as qualifying when applying for a mortgage loan? A) Reimbursed expenses B) Net rental income C) Family gifts D) Federal tax refund
- 39. each person insured under a group life insurance is a a. shareholder b. beneficiary c. certificate holder d. policyownerDescribe 3 criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment15. The annual increase diene cash duander value of a life insurance policy: a. Is taxed when the individual dies and the heirs collect the insurance proceeds. b. Must be included in gross income each year under the original issue discount rules. c. Reduces the deduction for life insurance expense. d. Is not included in gross in ych y sach year because of the substantial restrictions on gaining access to the policy's value.