Khuyết tật & Chăm sóc dài hạnCâu 646 / 716
Business overhead expense (BOE) insurance is designed to:
a.Fund the disabled owner's personal retirement savings so that income continues after the business eventually closes
b.Pay the owner's estate taxes
c.Replace the disabled owner's personal salary
d.Reimburse a disabled business owner for ongoing business expenses such as rent, utilities, and employee wages
Giải thích
BOE covers the fixed operating expenses of a business while the owner is disabled, keeping the doors open; it does not replace the owner's own income. Retirement and estate taxes are separate needs.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
Own the complete California Life & Health Insurance Producer Exam guide — PDF + EPUB, $19.99 →
Câu hỏi liên quan cùng chủ đề
- Individual disability income benefits are usually limited to roughly 60 to 70% of earned income so that:
- When an individual pays disability income premiums with after-tax dollars, the benefits received are:
- If an employer pays the disability income premiums and does not include them in the employee's income, the disability benefits the employee later receives are:
- Business overhead expense benefits are generally ________, and the premiums are generally ________:
- Key person disability insurance is owned by and pays benefits to:
- A disability buy-sell policy provides funds to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)