Two insurance companies gave the following quotations on premiums for essentially the same long-term disability insurance coverage for a 25-year-old. East Coast Insurance Co. quoted monthly premiums of 54.83 from ages 26 to 30 inclusive, and 78.17 from ages 31 to 64 inclusive. The monthly premiums from Provincial Insurance Co. are “flat” at 69.35 from ages 26 to 64 inclusive. All premiums are paid at the beginning of each month. The insurance broker recommended the Provincial coverage because the aggregate lifetime premiums up to the client’s 65th birthday are 32,455.80 versus 35,183.16 for the East Coast policy. Is the choice that simple? (Hint: Calculate and compare the economic value on the client’s 26th birthday of each policy’s stream of premiums assuming money can earn 9% compounded monthly.)
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more