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
28
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. "
What advantage will there be if one buys life insurance instead of making other investments?
选项
A、He will have money for a retirement home.
B、It will cost him nothing if he buys an life insurance.
C、Profit he earns from insurance is tax-free.
D、It is cheap to buy a life insurance.
答案
C
解析
由第三段最后一句“Life insurance is an…is not subject to taxes.in contrast to other personal investments.”可知。
转载请注明原文地址:https://jikaoti.com/ti/mMSsFFFM
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
ImproveComputer-researchSkillsLikemanycollegestudents,JoseJuarezcarriesaroundapocket-sizedcomputerthatletshi
YouthEmancipationinSpainTheSpanishGovernmentissoworriedaboutthenumberofyoungadultsstilllivingwiththeirpa
HowaTerribleBattleHelpedtoChangeEuropeNinetyyearsagoonasunnymorninginNorthernFrance,somethinghappenedtha
A.thetimely(及时的)discoveryB.convenienceC.sexequalityD.itsconnectionwithhumansE.thehugepowerF.itsuncertaintyEne
Medicinedependsonotherfieldsforbasicinformation,particularlysomeoftheirspecializedbranches.
FederalDepositInsuranceCorporationBefore1933,andparticularlyduringtheperiod1929—1933,bankfailureswerenotunco
BeautyBeautyhasalwaysbeenregardedassomethingpraiseworthy.Almosteveryonethinksattractivepeoplearehappierandh
ThetwoboysinChicagowereWhichofthefollowingdoesthewriterciteasasourceofmoralvoid?
Thesecondparagraphseemstosuggestthat______Themainideaofthepassageisthat______
Thesecondparagraphseemstosuggestthat______Inparagraph5,theword"precipitous"maybesubstitutedby______
随机试题
在Excel2010中,对单元格内容进行修改后,若要确认所做的改动,按()
A.钜蚓科B.芫青科C.壁虎科D.鳖蠊科E.眼镜蛇科斑蝥的原动物科名是
根据腧穴分经主治规律,主治妇科病的经络是()
用药物可能治愈的先天性心脏病是
以下不是报关人的是()。
A公司为增值税一般纳税人,适用的增值税税率为17%。2013年A公司建造一个生产车间,包括厂房和一条生产线两个单项工程,厂房造价为130万元,生产线安装费用为50万元。2013年采用出包方式出包给甲公司,2013年有关资料如下:(1)1月10日,
下列各项中,能够引起负债和所有者权益同时发生变动的是()。
2002-2006年.我国的贸易顺差额(出口额—进口额)最小的年份是()。2006年,我国的出口额约比上年增长()。
阅读一本《论语》,甚至是厚厚的《史记》,为什么有人能一目十行,不到几分钟就可讲出书中的内容?2014年10月,中科院上海生命科学研究院某课题组采用先进的光遗传方法,证实了“瞬间记忆”的幕后“操控者”为大脑内侧的前额叶——额头后面的一片大脑区域。当“瞬间记忆
3,9,6,9,27,(),27
最新回复
(
0
)