What is current death benefit from this policy

Assignment Help Financial Management

Reference no: EM132005767

Calculating a Death Benefit Alexandra Cunningham of Gardner, Massachusetts, has a $100,000 participating cash-value policy written on her life. The policy has accumulated $4,300 in cash value; Alexandra has borrowed $2,200 of this value. The policy also has accumulated unpaid dividends of $1,123. Yesterday Alexandra paid her premium of $1,000 for the coming year.

What is the current death benefit from this policy? $

Reference no: EM132005767

Questions Cloud

Set up the trust fund : Grandma Dayhoff has set up a trust fund for her grandson Donny that will make annual payments of 50000 dollars for 17 years,

Assuming the market is in equilibrium : Assuming the market is in equilibrium, what does the market believe will be the stock price at the end of 3 years?

Constant rate is stock expected to grow after year three : At what constant rate is the stock expected to grow after Year 3?

What is operating cash flow : ABC, Inc., is considering purchase of a new equipment. what is the operating cash flow?

What is current death benefit from this policy : What is the current death benefit from this policy?

What recommendations would you make based on these ratios : What recommendations would you make based on these ratios? What results do you think you can achieve if your recommendations are followed?

How much will insurer pay for each of losses : How much will the insurer pay for each of these losses?

What is the amount of the operating cash flow : The firm has no long-term debt. What is the amount of the operating cash flow?

What is the incremental cost of borrowing : What is the incremental cost of borrowing the extra $30,000 through a wraparound loan?

User Account

All Pages