Questions from Personal Finance


Q: What are nonforfeiture values and why are they important?

What are nonforfeiture values and why are they important?

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Q: What benefits do you see in leasing a vehicle? What negatives

What benefits do you see in leasing a vehicle? What negatives exist when leasing?

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Q: Identify three of the five settlement options for the payment of the

Identify three of the five settlement options for the payment of the proceeds of a life insurance policy to its beneficiary.

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Q: Distinguish between an automatic premium loan and a waiver-of-

Distinguish between an automatic premium loan and a waiver-of-premium option in a life insurance policy.

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Q: Explain how guaranteed renewability for term life insurance and guaranteed insurability for

Explain how guaranteed renewability for term life insurance and guaranteed insurability for cash-value insurance protect insured people who develop serious health conditions.

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Q: What is random risk, and how does it get reduced?

What is random risk, and how does it get reduced?

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Q: Explain market risk, what causes it, and how it fits

Explain market risk, what causes it, and how it fits in one’s portfolio.

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Q: Summarize three other types of investment risks that seem important to you

Summarize three other types of investment risks that seem important to you.

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Q: Explain how transactions costs and leverage may increase or decrease investment returns

Explain how transactions costs and leverage may increase or decrease investment returns.

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Q: How does one use a stock screening tool?

How does one use a stock screening tool?

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