首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Insurance is supposed to provide protection against financial risks, and while dying too soon is one major risk we face, another
Insurance is supposed to provide protection against financial risks, and while dying too soon is one major risk we face, another
admin
2009-06-24
42
问题
Insurance is supposed to provide protection against financial risks, and while dying too soon is one major risk we face, another risk more and more people fear is outliving their money. As a result, a growing array of life insurance products make it possible to protect against both of those risks.
In many of today’s life insurance products, MacDonald notes, "The death benefit portion really has become a commodity type product, so if someone is really concerned about the financial impact of dying young, then they can get a pretty good deal by buying term insurance on a commodity basis—find the cheapest policy and buy it". But, he says, "The other side of the coin is that insurance companies have developed products that can be very creative, and very competitive to other alternatives, including investments.
They
can fill a very important role in any overall investment plan".
Variable and universal policies offer people choices in how much they want to put into their policies and how they want their funds invested. These funds can then be tapped later on to provide a lump sum for purchasing a retirement home or a stream of retirement income. Life insurance is an attractive investment vehicle, because the" inside buildup", the accumulation of funds inside a policy structure, is not subject to taxes, in contrast to other personal investments.
However, MacDonald and others warn against using insurance policies purely as an investment. While there are tax advantages, there are also the costs associated with the insurance coverage, and if you don’t need that coverage these can be expensive ways to invest.
Moreover, MacDonald notes that some companies are offering insurance that has a critical illness or long-term care benefit. These policies specify that if someone suffers a heart attack, for example, they will get 25% of the face amount of the insurance policy immediately rather than at death. Or if they must be confined to a nursing home, they will be able to use up to the face amount of the policy to pay the nursing home costs.
Amid the proliferation of insurance products, MacDonald says, "The positive side of it is there are better products—they’re cheaper and more flexible. The downside is that it’s more complicated and easier to make a mistake. In the past, it was plain vanilla; everybody was selling the same product and everybody had to find an agent they liked. Now there has been significant changes in product structure and design, and benefits, and so it is worthwhile to shop around".
选项
A、give you money whenever you need.
B、keep you from financial risks.
C、save money.
D、outlive money.
答案
B
解析
转载请注明原文地址:https://kaotiyun.com/show/J9Td777K
本试题收录于:
公共英语五级笔试题库公共英语(PETS)分类
0
公共英语五级笔试
公共英语(PETS)
相关试题推荐
ManandComputerWhatmakespeopledifferentfromcomputerprograms?Whatisthemissingelementthatourtheoriesdon’tyet
Shegaveupherjobtolookafterherinvalidmother.
ACountry’sStandardofLivingThe"standardofliving"ofanycountrymeanstheaverageperson’sshareofthegoodsandse
ManofFewWordsEveryonechasessuccess,butnotallofUSwanttobefamous.SouthAfricanwriterJohnMaxwellCoetzeei
Whichofthefollowingistrueaccordingtotheauthor?Whatistheauthor’sattitudetowardschooling?
TheAmericanFamilyIntheAmericanfamilythehusbandandwifeusuallyshareimportantdecisionmaking.Whenthechildrenareo
TheAmericanFamilyIntheAmericanfamilythehusbandandwifeusuallyshareimportantdecisionmaking.Whenthechildrenareo
Whatdoesthespeakermainlydiscuss?
Whatdoesthespeakermainlydiscuss?
Thetrampwaslockedinthestore______.
随机试题
下列各项,不属妊娠禁用药物的是
患者,女,29岁。近1个月来关节疼痛,局部灼热红肿,痛不可触,关节活动不利,伴发热恶风、口渴、烦闷,苔黄燥,脉滑数。中医的辨证分型是
患者,女,46岁,平素月经规律,自诉时有腰骶部疼痛,站立过久或劳累后症状明显加重,卧床休息后减轻,近日小便频数,夜间尤甚。舌质淡,苔薄,脉沉弱。妇科检查见宫颈口距处女膜缘约4cm。治疗应首选()
采用顶推法进行桥梁承载结构施工时宜在()上使用。
从事生产、经营的纳税人应当自开立基本存款账户或者其他存款账户之日起()日内,向主管税务机关书面报告其全部账号。
甲与乙订立了一份购书合同,约定甲向乙交付2000册书,书款为2万元,乙向甲支付定金4000元,如任何一方不履行合同应支付违约金6000元后甲将书卖给了丙而无法向乙交付,乙提出的如下诉讼请求中,既能最大限度地保护自己的利益,又能获得法院支持的诉讼请求是(
比较大小:
thewritingonthewall
1928年,中国共产党制定出了自己历史上第一个土地法,即《井冈山土地法》。在此基础上,第二年制定出第二个土地法《兴国土地法》,对《井冈山土地法》作了修正,其修正的主要内容为()
SNMPv1是一个不安全的协议,管理站(Manager)与代理(Agent)之间通过(8)进行身份认证,由于认证信息没有加密,所以是不安全的。1998年公布的SNMPv3定义了基于用户的安全模型USM,其中的认证模型块结合(9)算法形成认证协议,产生了一个
最新回复
(
0
)