A monthly insurance benefit paid to you in the event what you are unable to work as a result of an 1. Beneficiary injury or an illness. Cash value 2. The total amount paid tax- free to the beneficiary on the death of the policy 3. Third party liability owner. 4. Cost of insurance Term insurance provided to a designated group of 5. creditor insurance people with
A monthly insurance benefit paid to you in the event what you are unable to work as a result of an 1. Beneficiary injury or an illness. Cash value 2. The total amount paid tax- free to the beneficiary on the death of the policy 3. Third party liability owner. 4. Cost of insurance Term insurance provided to a designated group of 5. creditor insurance people with
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
match the following
Transcribed Image Text:A monthly insurance
benefit paid to you in the
event what you are unable
to work as a result of an
injury or an illness.
1.
Beneficiary
Cash value
2.
The total amount paid tax-
free to the beneficiary on
the death of the policy
3.
Third party liability
owner.
4.
Cost of insurance
Term insurance provided
to a designated group of
people with a common
bond that generally has
lower-than-typical
premiums.
5.
creditor insurance
6. Death benefit
7. Disability income insurance
The amount stated on the
face of the policy that will
be paid on the death of
the insured.
8.
Face amount
9.
Grace Period
The period the insurance
company extends to the
policy owner before the
policy lapses due to
10. Group term insurance
nonpayment
>
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education