II. Case Application. Answer the following situations by applying what you have le the previous discussions. A customer says, "Insurance is a waste of money. If and when I suffer a financial of an accident or some other event, I can pay for it from my savings account." As an insurance agent your primary goal is to change this kind of mindset, hov persuade this person to purchase insurance? Design a strategy.

II. Case Application. Answer the following situations by applying what you have le the previous discussions. A customer says, "Insurance is a waste of money. If and when I suffer a financial of an accident or some other event, I can pay for it from my savings account." As an insurance agent your primary goal is to change this kind of mindset, hov persuade this person to purchase insurance? Design a strategy.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Gary Fisher owns five successful health clubs. He believes that he canput a health club in a new community that currently has no such facility.His research indicates that communities such as this can support twohealth clubs.a. What type of information should Gary gather when selecting a specific sitefor his health club?b. What type of forecasting model should Gary use to determine the newlocation for a health club?
Which of the following credit terms would be more generous to your customers: n/30 or n/eom?
If a consumer with a relatively low credit score applied for a loan from your bank, what other criteria might you consider before deciding to grant a loan?
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Which one of the following will decrease the value of a firm's net working capital? Multiple Choice Donating inventory to charity Depreciating an asset Collecting an accounts receivable Purchasing inventory on credit Using cash to pay a supplier AI
Makiko Iwanami, a student from Osaka, Japan, is in one of your classes. She is considering the purchase of a used car and has been told that she must buy automobile insurance to register the car and obtain license plates. Makiko has come to you for advice, and you have decided to focus on three aspects of automobile insurance. 1. Explain how liability insurance works in the United States. Advise Makiko about which liability insurance limits she should select. 2. Makiko is especially impressed that automobile insurance includes medical payments coverage because she has no health insurance. Explain why the medical payments coverage does not actually solve her health insurance problem, and describe the type of coverage it provides. 3. Makiko plans to pay cash for the car and doesn't want to spend more than $5000. Outline the coverage provided by collision insurance and factors that might make such coverage optional for Makiko
Uninsured motorists face the burden of paying for accidents themselves if involved in an accident. They also impose costs on others if they are unable to bear the cost of the damages to third parties. In this case, a.the government could not improve upon this outcome. b.the government could improve the market outcome by requiring everyone carry auto insurance. c.the government could improve this outcome by requiring insurance d.companies to lower premiums for all drivers.
In his best seller Wealth Without Risk, Charles J. Givens, the self-styled expert on “low-risk ways to achieve and hold on to wealth,” offers the following advice as his strategy #32: “Buy disability insurance only if you are in poor health or accident prone.” What is your reaction to this “strategy?”
Is this information correct in how to set up an RRSP
Which is Idemenity Plan and which is Managed Care Plan? Insureds create contract with an insurer who does not provide health care services The higher the deductible, the lower the premium Insured receive health care services from a designated group of providers May not even involve an insurance company No annual deduction is incurred, but a small co-payment may be required I most value the freedom of choice and am willing to pay for it. Cost is my most important consideration. I’d rather have the flexibility of either having the insurance company reimburse me or directly paying the health care provider.
Help me please
H2. 1. How can microfinance institutions maintain their social mission of helping the poor whiles remaining profitable for the owners?

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