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the earning and mortality experience of the insurer do not influence
premiums. Do not pay dividends. Issued by stock insurance companies
what are growth stocks?
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grow but pay no dividends
what type of insurance should you drop when your car gets older and why?
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drop collision and other than collision insurance because insurance
premiums do not drop proportionally.
why are open-end accounts dangerous?
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because they are easy to use and can lose track of how much you spend
what are blue chip stocks?
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low-risk stock that reliably provides investors with dividends or growth
what are the two ways to file tax returns?
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, itemized deduction and standard deduction
modified whole life
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automatically reduces death protection as the insured ages. Premium
payments will be level but will be lower than a regular whole life
what is debt ratio?
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total debt/total assets (the higher the is the worse you are)
what are the two definitions of disability?
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Social security- when you cannot perform any job
The one you want- when you cannot perform the job you were trained for.
what are standard deductions?
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