Disability insurance through the hospital

Assignment Help Financial Management
Reference no: EM131186373

Janice is a nurse in the critical care department. She has property insurance, but does not have disability insurance through the hospital. She does not know that much about disability, except that a friend of hers told her that she needed to acquire it. Which of the following statements is correct?       

Any occupation is the better choice for coverage than own occupation.

The elimination period is the period after the policy stops paying benefits.

A guaranteed renewable feature of a policy obligates the insurer to continue coverage as long as premiums are paid on the policy.

All of the above.

Reference no: EM131186373

Questions Cloud

When fine arts or gun collections are insured : When fine arts or gun collections are insured under a homeowners policy by endorsement,
Expected to pay annual cash flows : Demarius owns investment A and 1 share of stock B. The total value of his holdings is 2,172.3 dollars. Investment A is expected to pay annual cash flows to Demarius of 350 dollars per year with the first annual cash flow expected later today and the ..
What debt-equity ratio is needed for the firm : Central Systems, Inc. desires a weighted average cost of capital of 7 percent. The firm has an after-tax cost of debt of 5 percent and a cost of equity of 10 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted aver..
What quarterly dividend is one share of fairfax paint stock : What quarterly dividend is one share of Fairfax Paint stock expected to pay in 3 months if the stock is currently priced at 72.95 dollars, is expected to pay a dividend of 1.49 dollars in 6 months, has an annual expected return of 15.6 percent, and i..
Disability insurance through the hospital : Janice is a nurse in the critical care department. She has property insurance, but does not have disability insurance through the hospital. She does not know that much about disability, except that a friend of hers told her that she needed to acquire..
Ralf owns home with a fireplace and a generator : Ralf owns a home with a fireplace and a generator. He has stacks of wood and several 55-gallon drums of camping oil in his garage. He likes to go camping and leaves his home for several days at a time, often with a fire burning in his fireplace. In a..
What would you be willing to pay four years from now : The next dividend for a company will be $4 per share. Dividends are expected to grow at 6 percent every year. If you require a return of 16 percent, what would you pay for this stock? What would you be willing to pay four years from now?
Evaluating two different cookie-baking ovens : You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $69,000, has a 5-year life, and has an annual OCF (after tax) of –$11,100 per year. The Keebler CookieMunster costs $95,500, has a 7-year life, and has an annual OCF (after..
Decides to perform more office work and less surgery : For a 4 person surgical group, what kind of formula may be devised to fairly and consistently measure and reward productivity? What changes may be needed if one surgeon decides to perform more office work and less surgery?

Reviews

Write a Review

Financial Management Questions & Answers

  Determine ratios relating to profitability and liquidity

Determine suitable ratios relating to profitability, liquidity, efficiency and gearing.

  After the phase-out for high-income taxpayers

Ellen and Rick are married with one dependent child. They have AGI of $355,300, and itemized deductions consisting of $20,000 state income taxes and $20,000 medical expenses, after applying the 10 percent of AGI limitation.  Itemized deductions allow..

  Investor reinvests the annual returns paid on the investment

Suppose an individual invests $20,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 3.0 percent of the amount invested and is deducted from the original funds invested. If the investor reinvests the annual..

  Dividend growth rate-what will share of stock sell for today

Storico Co. just paid a dividend of $2.00 per share. The company will increase its dividend by 20 percent next year and will then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent divid..

  The efficient-market hypothesis

“If the efficient-market hypothesis is true, the pension fund manager might as well select a portfolio with a pin.” Explain why or why not this is true.

  In this final unit you will synthesize what you have

in this final unit you will synthesize what you have learned about financial and performance management throughout the

  Adjustable mortgage loan tied to the one-year treasury rate

Assume the following for a fully amortizing adjustable mortgage loan tied to the one-year Treasury rate, with 1 year adjustment intervals: Loan amount: 150,000; annual rate cap: 2%; life-of-loan-cap: 5%;

  What is the expected return of the portfolio

Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom .17 .352 .452 .332 Good .43 .122 .102 .172 Poor .33 .012 .022 −.052 Bust .07 −.112 −.252 −.092 Requiremen..

  Expected to pay an annual dividend

The Hen House is expected to pay an annual dividend of $2.10 a share next year. The company recently announced that future dividends will increase by 2.5 percent annually. The market price is $51.30 a share. What is the cost of equity?

  Ratio analysis objectives

Ratio Analysis Objectives - Recognize the purpose of ratio analysis with internal and external users and nament and name the limitations of ratio analysis. Identify 1 specific ratio and list how it might be used internally. List a limitation for inte..

  How much money did it cost to buy these shares

You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.10 and $4.07, respectively. You place a market buy order for 570 shares that executes at these quoted prices. How much money did it cost to buy these..

  What is the present value of a lease on a warehouse

What is the present value of a lease on a warehouse, where the tenants have a lease that goes into perpetuity ad have agreed to pay $300 at the end of each month of the lease with an annual discount rate of 8 percent?

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