A Good Method for Holding Down Premiums on Disability Income

question 123

Multiple Choice

A good method for holding down premiums on disability income protection is to

• A)shorten the benefit period.
• B)reduce the monthly benefit.
• C)lengthen the elimination period.
• D)look for generally available federally-subsidized coverage.

Understand the necessity and processes of exchange in economies.

Recognize the limitations and challenges of barter systems.

Identify the functions and characteristics of money.

Appreciate the role of specialization and labor division in economic exchange.

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Definitions:

Prospectus

A formal legal document that is required by and filed with securities regulatory bodies that provides details about an investment offering to the public.

Venture Capital

Financing provided by investors to startup companies and small businesses with long-term growth potential in exchange for an equity stake.

Venture Capitalist

A Venture Capitalist is an investor who provides capital to startups or small companies looking to expand but do not have access to equities markets.

Key Considerations

Important factors or aspects that need to be taken into account when making a decision or evaluating a situation.