Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. when i examined richard and monicas insurance poli

When I examined Richard and Monicas insurance policies, I found the following: Medical coverage was...

80.2K

Verified Solution

Question

Accounting

When I examined Richard and Monicas insurance policies, I found the following:

Medical coverage was adequate.

Auto insurance was at the minimum level for the state of $50,000 to $100,000 per accident.

Homeowners insurance was at a level of 50 percent of replacement cost for the house. They had a 90 percent coinsurance clause.

Richard had no disability coverage.

A note saying that Richard didnt want long-term care insurance, but Monica was interested in looking at it.

____________

1) What is your homeowners insurance recommendation? Do you believe Richard and/or Monica should have long-term care insurance?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Given the differential equation y''+y'+2y=0,  y(0)=−1,  y'(0)=2y′′+y′+2y=0,  y(0)=-1,  y′(0)=2 Apply the Laplace Transform and solve for Y(s)=L{y}Y(s)=L{y}. You do not need to...

Biology
1.2K views

3’ TACTYCATAACTGC 5’ 5’ ATGAAGTATTGACG 3’ What is the product of transcription? Which enzyme will complete...

Physics
1.2K views

In the setup shown above the refractive index of the prism is A horizontal ray...

Physics
1.2K views

Q No 18 A thermodynamic system undergoes cyclic process ABCDA as shown in fig The...

Physics
1.2K views

16 An 80 6 nucleus is spherical having radius R surface area A and volume...

Basic Math
1.2K views

e following information for the past year for the Magic Corporation has been provided xed...

Calculus
1.2K views

Write the product as a sum or difference 10 cos 22w sin 16w

Accounting
1.2K views

Required: For each of the following items in Tiny Company's financial statements, indicate whether it...

Accounting
1.2K views

Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a...

Accounting
1.2K views

E14.4B (L0 1) (Entries for Bond Transactions-Straight-Line) McGee Company issued $400,000 of 8%,20year bonds on...

Accounting
1.2K views

Cash flows for construction project VS Cash Flows for Construction Companies What are 2...

Finance
1.2K views

Iou can't help if you don't know your stuff. Can you solve this problem? x+9=18+-2x