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
2011-02-16
53
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. "
Diverse 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 structrue, 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 connected 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 product, MacDonald says, "The positive side of it is there are better products—they’re cheaper and more flexible. The negative side 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. "
The purpose of insurance is to______.
选项
A、give you money whenever you need
B、protect you from financial risks
C、save money
D、outlive money
答案
B
解析
由文章第一段第一句“Insurance is supposed to provide protection against financial risks…”可知。
转载请注明原文地址:https://kaotiyun.com/show/TKHd777K
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
HowaTerribleBattleHelpedtoChangeEuropeNinetyyearsagoonasunnymorninginNorthernFrance,somethinghappenedtha
SpoiltforChoiceChoice,wearegiventobelieve,isaright.Indailylife,peoplehavecometoexpectendlesssituations
TheSmellofMoneyFormanyyearslargesupermarketshavebeenencouragingustospendmoneybypumpingthesmelloffreshly
HelenandMartinWithathoughtfulsigh,Helenturnedawayfromthewindowandwalkedbacktoherfavouritearmchair.【C1】___
CanBuildingsBeDesignedtoResistTerroristAttackIntheaftermathoftheterroristattackontheWorldTradeCenter,str
APowerfulInfluenceTherecanbenodoubtatallthattheInternethasmadeahugedifferencetoourlives.Parentsarewor
Thepassagemainlydiscusses______.Thephrase"biologicalcarboncopies"(para.4)refersto______.
Thepassagemainlydiscusses______.Thereasonanoseisnotlikelytoturnintoakidneyisthat______.
Paragraph2seemstosuggestthat______.Welearnfromthetextthat______.
Chinahasmadegreatachievementsoverthepasttwodecadesinitslegalconstruction,saidarecentarticleinChinaDaily.
随机试题
一项旅游资源的价值在很大程度上取决于它所具有的()。
启发式原则的涵义及其贯彻的基本要求?
自体输血的禁忌证包括
A.毒血症B.菌血症C.败血症D.脓毒血症E.内毒素血症革兰阴性菌侵入血流大量繁殖崩解释放出大量内毒素为
下列动物咳嗽检查内容中不正确的是()。
尿色与疾病不符的一项是
维系蛋白质分子一级结构的化学键是()
甲入室盗窃被发现,打伤抓捕者丙后继续逃跑。知道真相的乙为了使甲能够逃避抓捕,对丙实施暴力,造成丙重伤。甲事后知道乙在暗中相助,将窃取的财物送给乙一部分。请回答下列问题。关于甲的行为,下列说法正确的是?
县级以上地方各级政府财政部门编制本级决算草案,报本级政府审批后,由本级政府提请本级人民代表大会常务委员会审查和批准。()
2013年1~7月份,某市规模以上工业增加值同比增长12.0%,增速比去年同期提高1.4个百分点。1~7月份,全市国有及国有控股企业完成增加值同比下降3.5%;民营企业完成增加值同比增长24.8%:外商控股企业完成增加值同比下降3.1%。三者增加值占全市
最新回复
(
0
)