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What is a mezzo level policy?

Updated: 9/22/2023
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Q: What is a mezzo level policy?
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Using taxes and spending to control the level of GDP in short run is known as what policy?

I believe this is known as Keynesien Fiscal Policy


What type of life insurance is used as mortgage insurance?

Usually a level term life insurance policy would be used for mortgage loan life insurance protection. Level term offers coverage for a duration of 10, 15, 20 or 30 years with a level premium and level amount of coverage provided by the policy for the entire duration of coverage. Another option is decreasing term life insurance where the premiums remain level but the amount of life insurance coverage decreases each year throughout the life of the term insurance policy.


What are the benefits of level term assurance?

Level term assurance is a life insurance policy in which premiums and the eventual payout are chosen initially and cannot change. The benefit of such a policy is its reliability; one knows how much they must pay and how much their recipient will receive. No surprises.


What is the impact of fiscal policy?

Fiscal policy is used by governments to influence the level of aggregate demand in the economy, in an effort to achieve economic objectives of price stability, full employment and economic growth.


You are a business owner can you deduct your life insurance premiums as a business expense?

As a business owner you can fund the policy from the retained earnings (RE) of the buisiness for individual use or coverage. This will allow the business owner to fund the policy from a pool of money that is taxed at the business level vs his/her individual taxation level (usually highest tax bracket)