discuss the two commonly used ways to determine a person's life insurance needs
The two commonly used ways to determine a person’s life insurance needs are:
discuss the two commonly used ways to determine a person's life insurance needs
Discuss the various ways that a whole life insurance policy holder can realize the cash value vested.
Calculate Life Insurance Needs Directions: Calculate the life insurance needs in each scenario below using the appropriate method-7/70 method, 50% method or single parent method. 1. A woman who earns a salary of $62,000 decides to purchase a life insurance policy. She is married with two children and wants to be able to cover their college tuition. The children are 13 and 15 years old. Therefore, she decided to use the 7/70 method. How much should her life insurance policy...
question 1 Briefly describe two ways you could identify a person's culture needs. questions 2 list two generals indicators of abuse. questions 3 provided two examples of psychological trauma and two examples of how you would implement person-centred support to facilitate self-determination and choice. questions 4 Describe one way you could facilitate discussion between the person requiring support, their family and/or carer and the support worker questions 5 Describe a strategy you could use to assist people with disabilities to...
give two ways that you use estimation in your daily life. Discuss each of them in a paragraph and give examples
17. Which type of term life insurance is most commonly used by people with mortgages increasing term b. level term C. decreasing term d. straight term whole term 18. Which Which one of the following most accurately describes the taxability of life insurance? a. death benefits are income-tax-free to the beneficiary b. annual increases in cash value are tax deductible c. death benefits are always estate-tax-free d. premiums are tax deductible e. none of the above are true 19. Frankie...
What is the “Multiples of Income” method when calculating life insurance needs? What is the “Needs Analysis” method for calculating the amount of life insurance required for an individual? What do you like more and why?
Describe/discuss one of the commonly used health model used in nursing. 150 words
8.2 Discuss the ways in which a salesperson can attempt to identify buyer needs.
How have the needs for life insurance changed with the increasing number of two-income households? Remarried households? What are the implications for these changes when considering the need for income replacement and funds to replace household services? (Participation in this part of the discussion question is required.) Please share scenarios from friends or relatives describing the financial impact of death when the household had either adequate or inadequate life insurance coverage. What were the implications for the financial situation or...
Discuss ways to prepare for a life of nurse entrepreneurship” list all references.