If you wanted to provide more coverage for your family early in life when they need it the most and decrease the amount of benefits in later years, yet continue to pay the same premiums, you should buy a(n) ________ policy
A) whole life
B) decreasing-term
C) universal life
D) variable life
Answer: B
You might also like to view...
A SWOT analysis evaluates an organization's strengths, weaknesses, objectives, and threats.
Answer the following statement true (T) or false (F)
Blogs can also provide an avenue for a company to obtain consumer reaction to the research findings as well as their feedback on the decisions made and actions taken by the company based on the research findings
Indicate whether the statement is true or false
Identify a true statement about the implied warranty of merchantability.
A. It assumes that every purchase involves the informed consent of a buyer. B. It holds that a business has a duty to ensure that its products will accomplish their purpose. C. It shifts the burden of proof from producers to consumers. D. It allows a business to completely disown any promise or warranty.
On February 1, Year 1, Centra issues $100,000 semi-annual 12% bonds at par plus accrued interest. The interest is payable on July 1 and January 1 of each year. What entry is necessary to record the issuance of the bonds on February 1?
a. Cash 100,000 Bonds Payable 100,000 b. Cash 101,000 Bonds Payable 101,000 c. Cash 100,000 Interest Payable 1,000 Bonds Payable 101,000 d. Cash 101,000 Bonds Payable 100,000 Interest Payable 1,000 e. none of the above