Gowns a Business Overhead Expense policy with a monthly benefit of $5,000. G pays an annual premium on January 1. On June 1 of the same year, G sells the later, G becomes disabled as the result of a fall. In this situation, which of the following monthly benefits, will Greceive? O A OC D. $10,000 $5,000 $2,500 $0

Gowns a Business Overhead Expense policy with a monthly benefit of $5,000. G pays an annual premium on January 1. On June 1 of the same year, G sells the later, G becomes disabled as the result of a fall. In this situation, which of the following monthly benefits, will Greceive? O A OC D. $10,000 $5,000 $2,500 $0

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

Which of the following would be included in probate? POD Account Totten Trust. Retirement Plan with a listed beneficiary Life Insurance Policy that names the Owner as the Beneficiary.
Under federal law, a tax exempt Health Savings Account can only be opened for an individual who is Ο Α. covered by a qualified High Deductible Health Plan covered by Long Term Care Insurance entitled to Medicare benefits eligible to be claimed as a dependent on another person's tax return B. OC. O D.
If an insurer wishes to cancel a health insurance policy, it can do so: OA B. O C O D. in Florida as long as premiums are returned on a short-rate basis with a 45-day notice to the policyholder with notice to the Department of Financial Services as long as no daim is pending
Brandon is going to get a 3% commission on the sale of a property for $300,000. How much is Brandon's commission? $10,000 §9.000 $12,000 S30,000
James sold his home for $379,000. If the real estate commission was 5.5%, how much commission did he have to pay? O $20,845 to the listing broker. O $10,422.50 to the listing broker and $10,422.50 to the selling broker. O $45.845 to the listing agent. O $20.845 to the buyer's broker.
Larkin and Oliver bought their first home in May 2019. Their real estate agent told them that all of the property tax would be deductible. Is this accurate? Yes. All property tax is deductible on the purchase of homes. Yes. Besides the complete property tax deduction, homeowners can also get an exclusion from capital gains (but only if they are a married couple, like Larkin and Oliver). No. The only tax benefit for homebuyers is that they are allowed to withdraw up to $10,000 from their IRA to go toward the down payment for their home. No. Homeowners can deduct a total of $10,000 between state, city, and property taxes.
One of three tenants in your insured’s rented triplex, sets fire to his apartment, is charged with arson and jailed. Next day the tenant's wife bails out her husband who allegedly set the fire and they return to live in the damaged apartment. The insurance company wishes to retire from this risk as soon as possible. What procedure must the insurer follow to legally cancel the policy? O A) Insurer can cancel in five days by written notice of termination personally delivered and any return premium paid to insured. O B) Insurer cannot cancel the policy mid-term and must remain on risk until the renewal date. O C) Cancellation can only be made fifteen (15) days following receipt of cancellation notice by registered mail. O D) Policy must remain in force but any additional damage done by the tenant will not be covered."
32. Smith Construction Inc. is thinking about offering a QSEHRA that will provide each of its 25 full-time employees with a $3,000 annual benefit. Smith Construction plans to fund the entire benefit and will also give its employees the option of participating in a group health plan it sponsors. Why will Smith Construction's proposal not meet the requirements to be considered a QSEHRA? oa. Smith Construction cannot fund the arrangement. ob. Smith Construction cannot offer both a QSEHRA and a group health plan. OC. Smith Construction exceeds the employee limit. Od. The annual benefit exceeds the threshold limits. W
After the expiration of COBRA or State Continuation lows, which of the following statements Com CT about an employee who got the job and wants to convert the and health coverage to an individuell policy? OA The employee has a mamum of six months to convert OB. The employee need NOT provide evidence of instability The employee's premium for the individual coverage will be the same as that for the group coverage The employee's dependents can NOT be covered under the individual coverage OD.
Hh2. Account Two disadvantages are mutual agency and unlimited liability which should be weighed against the tax benefits of partnership. True / False
Scaffold Equipment manufactures and sells scaffolds and ladders that are used by construction firms. The products are sold directly to independent retailers in the United States. The company's risk manager knows that the company could be sued if a scaffold or ladder is defective, and someone is injured. Because the cost of products liability insurance has increased, the risk manager is considering other techniques to treat the company's loss exposures.a. Describe the steps in the risk management process.b. For each of the following risk management techniques, describe a specific action using that technique that may be helpful in dealing with the company's products liability exposure.1. Avoidance2. Loss prevention3. Loss reduction4. Noninsurance transfers
When completing a "Proof of Loss" form following a claim, the insured is required to inventory not only the damaged property but, if required, the undamaged property as well. What is the reason for this? OA) It prevents the insured from exaggerating the value of the property damaged or destroyed. OB) It permits the insurer to determine the proportion of the total value represented by the damaged property. OC) It prevents the insured from becoming a co-insurer. OD) It is required to provide statistics as to the number of total losses versus partial losses.