Discuss why it is important to define the insured

Assignment Help Financial Management
Reference no: EM131065621

Discuss: (1) Why it is important to define the insured? (2) the importance of the availability of riders? For example, I may want to add an optional disability benefit to my life insurance contract, you may not. (3) Why the three major types of exclusion need to be defined as opposed to "assumed".

Reference no: EM131065621

Questions Cloud

How much was in account ten years after deposit was made : Six years after Mr. Robertson deposited $7110.00 in a savings account that earned interest at 6.8% p.a., compounded semi-annually, the interest was changed to 7.2% p.a., compounded quarterly. How much was in the account ten years after the deposit wa..
What rate of return did he get on the investment : Darren purchased $250 000 in 364-day T-bills 315 days before maturity to yield 2.86%. After holding it for 120 days, Darren sold the T-bill for a yield of 3.25%. How much did Darren pay for the T-bills? When Darren sold the T-bills, what rate of retu..
Increase receivables turnover : If a firm's sales are $1,500,000 and it costs 9 percent to carry current assets, what is the potential savings if management can increase inventory turnover from 3 to 4 times a year and increase receivables turnover from 4.5 to 6 times a year?
How are networking capital-risk-profitability are related : How are networking capital, risk, and profitability are related? Explain. What is the relationship between key components of cash conversion cycle? What are the strategies to minimize the CCC and why is it important?
Discuss why it is important to define the insured : Discuss: (1) Why it is important to define the insured? (2) the importance of the availability of riders? For example, I may want to add an optional disability benefit to my life insurance contract, you may not. (3) Why the three major types of exclu..
Calculate the annual yield of three-month treasury bill : A three-month Treasury bill and a six-month bill both sell at a discount of 9%. Calculate the annual yield of three-month Treasury bill. Calculate the annual yield of six-month Treasury bill.
What is net present value of leasing widget-lease payment : A manager has decided to buy a widget. Two alternative financing methods are available: (A) use a financial lease or (B) purchase the widget using owner financing and borrowed capital. What is the present value of the lease payment (absolute value)? ..
Calculate the terminal value using the multiple methods : Webster Global Partners (WGP) is evaluating an investment in MiCasa, SA., a distributor of home appliances. As with any venture capitalist, they seek to sell out after 5 years. WGP estimates a free cash flow multiple of 2.1. Free cash flow in year 5 ..
Find the firms sales-to-assets ratio and return on assets : Magic Flutes has total receivables of $3,600, which represent 20 days’ sales. Total assets are $78,000. The firm’s operating profit margin is 5.30%. Find the firm’s sales-to-assets ratio and return on assets.

Reviews

Write a Review

Financial Management Questions & Answers

  Appliance for less is a local appliance store

Appliance for Less is a local appliance store. It costs this store $15.88 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 459 units. Each order costs $68. The company is usin..

  What is the effect on break-even level of revenues

What is the effect on break-even level of revenues for each dollar of increase in fixed costs plus depreciation for a firm with 70% variable costs?

  What is the EAR and APR on loan

You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 32-year mortgage loan for 80 percent of the $3,320,000 purchase price. The monthly payment on this loan will be $16,500. Requirement 1: What is the APR on this lo..

  Determine the yield to investor

3 Today, the one-year U.S. interest rate is 2%, while the one-year interest rate in Mexico is 6%. The spot rate of the Mexico peso (MXP) is $.08 the one-year forward rate of the MXP exhibits a 11% discount. Determine the yield (percentage return on i..

  Expected to pay dividends over the next four years

Far Side Corporation is expected to pay the following dividends over the next four years: $11, $7, $4, and $3. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 14..

  An argument for a high dividend payout

Which one of the following is cited as an argument for a high dividend payout?

  What is the aftertax salvage value of the equipment

Kolby’s Korndogs is looking at a new sausage system with an installed cost of $910,000. This cost will be depreciated straight-line to zero over the project’s seven-year life, at the end of which the sausage system can be scrapped for $105,000. What ..

  Two outstanding publicly traded bonds

One company has two outstanding publicly traded bonds. The two bonds will both mature in ten years and have the same coupon rate. One of the bonds is convertible into common stock; the other one is not convertible. Which bond will have the higher yie..

  Acc5502 accounting and financial management

ACC5502 Accounting and Financial Management,  Outline the key duties of directors. Outline the arguments for the directors of Forge Group Ltd that they carried out their duties.

  Debt-bonds make semiannual payments

You are given the following information for Huntington Power Co. Assume the company’s tax rate is 40 percent. Debt: 5,000 7.2 percent coupon bonds outstanding, $1,000 par value, 30 years to maturity, selling for 108 percent of par; the bonds make sem..

  Producing a new line of dripless candles in the coming years

Dandle’s Candles will be producing a new line of dripless candles in the coming years and has the choice of producing the candles in a large factory with a small number of workers or a small factory with a large number of workers. Calculate the accou..

  Explain currency hedging

Explain currency hedging and explain how your topic is used in global financing operations and describe its importance in managing risks.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd