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
2011-01-02
72
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 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 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. "
What does MacDonald warn people when they intend to buy life insurance products?
选项
A、It is expensive to invest on life insurance products.
B、Some insurance has some specific terms.
C、Some insurance companies will not provide satisfactory terms.
D、People should not use insurance policies purely as an investment.
答案
D
解析
由第四段第一句“However,MacDonald and others warn aganist using insurance policies purely as an investment.”可知。
转载请注明原文地址:https://kaotiyun.com/show/ZYHd777K
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
Theauthor’smainpurposeinwritingthearticleistowarnofTheword"spectres"inthesecondparagraphisclosestinmeanin
MoreThanaRidetoSchoolTheNationalEducationAssociationclaims,"Theschoolbusisamirrorofthecommunity."Theyfurthe
AKeepingGoodRelationswithLocalBusinessmenBServiceProvidedbyLocalNewspapersCLargeCirculationoftheNationalNe
WhichofthefollowingisNOTrequiredofanE-2visaapplicant?Thelistofcrimesmanyforeignlanguageteacherscommittedbe
SchoolLunchResearchhasshownthatoverhalfthechildreninBritainwhotaketheirownlunchestoschooldonoteat【C1】__
AMajorComposerLudwigvonBeethoven,amajorcomposerofthenineteenthcentury,overcamemanypersonalproblemstoachiev
TheFatProblemthatMenFaceItisapleasuretoseemenofacertainageworryingabouttheirweight.Listeningtothemis
AImportanceofClassroomLearningBTelevision--ARichSourceofInformationCAdvertisementsasImportantMessagesfromt
AImportanceofClassroomLearningBTelevision--ARichSourceofInformationCAdvertisementsasImportantMessagesfromt
Chinahasmadegreatachievementsoverthepasttwodecadesinitslegalconstruction,saidarecentarticleinChinaDaily.
随机试题
男婴,6个月,人工喂养。平时易惊,多汗,睡眠少,近两个月来咳嗽,低热。今晨突然双眼凝视,手足抽动。查体:枕后有乒乓球感。可能的诊断为()
持票人可持()向银行贴现。
()会形成经营活动的现金流量。
某公司2019年3月在对2018报表审计时发现其2018年末库存商品账面余额为305万元。经检查,该批产品的预计售价为270万元,预计销售费用和相关税金为15万元。当时,由于疏忽,将预计售价误记为340万元,未计提存货跌价准备。该公司适用的所得税税率为25
对非法入境、非法居留的外国人,县级以上公安机关可以()。
客观物体的整体特征在人脑中的反映是()
A、 B、 C、 D、 B本题的规律是:第一个图形的下半部分与第三个图形的下半部分相同,第二个图形的上半部分与第三个图形上半部分部分相同。且阴影面与空白面交替出现。故选B。
2014年5月10日上午,甲(5岁)与其父母到某动物园游玩。当甲和家人行至灵长类动物展区时,甲穿过笼舍外设置的防护栏,给猴子喂食食物,结果右手中指被猴子咬伤。经司法鉴定:甲右手损伤的后遗症相当于道路交通事故十级伤残。甲的父母作为甲的法定代理人向法院提起诉讼
党的十七大报告把“实施扩大就业的发展战略”纳入()。
Makingprivatephonecallsontheofficephoneisseverely______oninourcountry.
最新回复
(
0
)