The Term Subscriber Used in Insurance Management Refers to The

question 4

Multiple Choice

The term subscriber used in insurance management refers to the:

• A) dentist.
• B) employer.
• C) male spouse.
• D) employee who represents the family unit in relation to the prepayment plan.

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Definitions:

Marginal Tax Rate

The rate at which the next dollar of taxable income will be taxed.

WACC

Weighted Average Cost of Capital; a calculation of a company's capital cost that weighs each category of capital proportionately.

Marginal Tax Rate

The marginal tax rate is the rate of tax applied to the next dollar of taxable income, indicating the percentage of tax an individual or corporation pays on an additional dollar of income.

Yield-to-Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all interest payments and repaid principal.