Reference no: EM131387341
Assignment: Discussion-Life and Disability Insurance
One of the most overlooked types of insurance is disability insurance. While many employers provide a disability benefit to their employees, the benefit is minimal and typically not enough in the event of a true permanent disability.
Another crucial aspect to consider is what happens when the primary income generator in a family passes away suddenly. Life insurance is an insurance policy that pays money to designated beneficiaries (usually family members) upon death. It is designed to replace income and cover costs that can no longer be covered by the policyholder who is now deceased.
• Based on your family situation, how would you estimate an adequate amount of disability coverage you should carry in the event of a permanent disability?
o Discuss the factors you would consider to make your decision. However, do not provide specific amounts.
o Explain how your estimate of disability coverage might change in the next ten years.
• Based on your family situation, how would you estimate an adequate amount of life insurance you should carry at this point in your life? Consider the factors associated with disability coverage that you have identified and apply the same process to determining levels of life insurance coverage.
o Discuss the factors you would consider to make your decision. However, do not provide specific amounts.
o Explain the factors you think you will need to consider ten years from now.
In addition, using the Internet, do the following:
• Identify at least one Web site each for disability and life insurance, which you think is a useful tool in calculating these insurance amounts. Explain the rationale for your choice.
As part of your initial discussion post, address the following:
• Term insurance
• Whole life insurance
• Intermediate policies (Examples include variable and variable universal life [VUL] policies)
Write your initial response in 200-300 words. Apply APA standards to citation of sources.
Determine the mass moment of inertia indicated
: The tapered solid prism shown has density ρ and rectangular cross section. Use integration to determine the mass moment of inertia indicated, expressing your answer in terms of the mass m of the prism and parameters such as a, b, and h.
|
Explain were smith and jones and brown partners
: The agreement worked successfully and for several years paid substantial profits, enough so that Smith, Jones, and Brown had received nearly all that they had originally advanced. Were Smith, Jones, and Brown partners? Explain.
|
Areas of a consumer products company
: Identify all of the areas of a consumer products company in which statistical quality control can be applied. How do you measure effectiveness of processes using statistical quality control?
|
What is the book value of klingon total assets today
: Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.3 million. What is the book value of Klingon's total assets today? What is the market value
|
Discuss the factors you would consider to make your decision
: Discuss the factors you would consider to make your decision. However, do not provide specific amounts. Explain the factors you think you will need to consider ten years from now.
|
Who owns each of the three tracts and why
: This third tract was acquired by the partnership out of partnership funds and for partnership purposes. Who owns each of the three tracts? Why?
|
Assessment of legislative roles
: Given the readings this week, you now have an understanding of the legislative and judicial branches. Write a paper examining the roles of the legislative branch in health policy. Describe how this branch needs to relate to other stakeholders and ..
|
Should charles succeed
: He then brought an action seeking dissolution of the partnership, appointment of a receiver, and an accounting. Should Charles succeed? Explain.
|
Compute the overall return of the protective put
: Plot the profit-and-loss diagram for the protective put. Compute the overall return of the protective put. Determine your profit and return using the straddle.
|