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What does a convertible term insurance policy work?

A convertible term insurance policy works by allowing you to amend the coverage period in return for a change in the premium payable. This is highly useful to businesses with ever changing amounts of stock or who wish to add new premises to their insurance policies


What is the voluntary life benefit and how does it work?

The voluntary life benefit is an optional insurance policy that provides a cash payment to the beneficiary upon the death of the insured person. The insured person pays premiums to maintain the policy, and in return, their beneficiary receives a lump sum payment if the insured person passes away.


Why has there been such growth in superannuation savings?

8. (a)  superannuation funds are savings accumulated by an individual to fund retirement  many countries are moving into a demographic period of an ageing population  individuals are seriously saving in anticipation of nearing retirement from the work force  further, some countries have introduced compulsory superannuation regimes, or provide taxation incentives to save for retirement (


What is a car insurance excess waiver and how does it work?

A car insurance excess waiver is an optional add-on that can be purchased to reduce or eliminate the excess you would have to pay in the event of a claim. The excess is the amount you are responsible for paying towards a claim before your insurance coverage kicks in. With an excess waiver, you can avoid paying this amount out of pocket, providing you with more financial protection in case of an accident or damage to your vehicle.


Is an IRA considered a liquid asset?

Yes an IRA is a 100% cash convertible liquid asset since there is no mandatory withholding. If you can't repay your IRA account within 60 days, it may incur a tax liability which would need to be worked out with the IRS when you file. If you have to cash out an IRA to meet emergency expenses and can't pay your taxes, the IRS will usually work out a "payment plan" and charge you some interest. Not optimal but technically the asset is super liquid.

Related Questions

What is novice optionals in gymnastics?

it how hard you work and what you can do if you can't do a cartwheel then you are not a novice optional. you are a beginner optional


How do you use compulsory in a sentence?

If you demand that I use it in a sentence, then it is compulsory! John was required to work on his day off. His boss said that it was compulsory!It is compulsory to wear seat belts, both front and rear.


How many years a person in military in India have to work compulsory there?

14


IS work experience is it compulsory to get into a business school in us for MBA through gmat?

For most MBA programs work experience is compulsory. Colleges like to know that you have the ability to relate to the topics being discussed.


Can you change your Chrysler 300 year 2005 into a convertible its a base model?

Anything is possible. It was never offered as a convertible, so it will be all custom work.


What engine would work in a 2004 Chrysler Sebring convertible?

The same size that was in there is what will work with out major modifications.


What is work cover?

Work cover is a compulsory insurance scheme. It is contributed by the Victorian employers. It provides businesses with insurance cover.


How can i fix my Convertible top wont work on 325i 1994 no up or down?

how can i fix my convertible top motor? no up or down, 1999 BMW 323i


How do you get your horn and lighter to work on your 98 sebring convertible?

Change the fuse dummy


In Compulsory voting an idea whose time has come what reason do opponents of compulsory voting give as to why it would not work in the united states?

It would encourage uniformed or unserious voting :) -Apex-


Will astra coupe boot lid fit astra convertible?

i think the convertible lid is shorter due to the panel nearest to the hood opening (bit that lifts when hood is stored) I will check tomorrow as i have coupe and friend at work has convertible.


Will digital display work on a 1991 lebaron convertible?

Yes but you might have to get the bcm off the car you are taking the dash out of. I have a 91 Lebaron convertible that came from factory with the digital dash.