Math Unit Eleven

What is the primary purpose of life insurance?

An optional, added policy feature that may or may not increase the cost of the insurance policy:

Three major types of life insurance policies:

The least expensive insurance and provides temporary protection for a specified number of years:

Person named to receive the death beneift of the policy:

Amount of insurance coverage purchased:

This allows the policyholder to renew the term insurance at a higher rate:

Two types of lifetime policies:

This life insurance is usually paid for throughout the life of the policyholder:

This life insurance has payments for a limited number of years:

Is the annual cost for limited-payment life higher or lower than it is for straight life?

What is the most expensive type of life insurance?

What do the rates for a lifetime policy depend upon?

A face value of $1,000:

Insurance payments:

The more frequent the payment, the higher or the lower premium due?

Benefits besides the death benefit which are paid to the beneficiary build up a what?

The beneficiary may also borrow against the cash value and...

The beneficiary cancels the insurance policy and uses its value to convert to term insurance with the same face value but for a limited time of coverage:

This allows the policyholder, who is terminally ill, to receive all or part of the death proceeds before death:

A percentage of the company's proft:

The beneficiary collects the full face value in one payment:

A specified amount of money which is paid in equal payments at regular intervals:

Four ways a beneficiary may receive an insurance annuity:

This allows a beneficiary to receive their annuity in specific monthly payments until the money runs out:

This allows a beneficiary to receive their annuity for a specific time length (10 years):

This allows a beneficiary to receive their annuity in gradual payments for their entire life:

This allows a beneficiary to receive their annuity in monthly payments for a certain number of years:

A certificate issued by a government or corporation promising to pay the face value at maturity plus interest at certain intervals:

One who owns a bond:

As a bondholder, the person is not an owner, but is a...

Bonds sold at face value:

Bonds sold greater than the face value:

Bonds sold less than the face value:

Cost of a bond:

An individual licensed to make stock and bond sales:

Broker's commission:

Many investors consider what as a good source of stock and bond information?

How is the net change found?

A savings account usuallys pays a higher or lower interest rate than bonds?

Which are less risky, bonds or stocks?

The return on an investment:

Formula for Annual Yield:

The amount a seller receives from the sale of bonds:

Earned interest that is not payable until the end of the current interest period:

When finding the accrued interest period, what is counted?

Cash or assets that can be easily converted into cash:

Two types of stock:

Which stockholder votes for the company's board of directors and administrative officers?

Which stockholders receive dividends?

The price for which the stock is initially sold:

Stock with no printed value:

The current selling price quoted in dollars per share:

The dividend as a percent of the closing price:

Formula for Yld%

An abbreviation for price to earnings ratio and is a ratio of the closing market price to the corporation's annual earnings per share:

Formula for P-E Ratio:

An abbreviation for net change and refers to the difference between this day's closing price and the previous day's closing price:

Formula for Net Chg:

Stocks sold in multiples of 100 shares are called...

Stocks sold less than 100 shares a time:

Stocks bought directly from the company:

Profits distributed by the corporation:

Shareholders receive additional shares at no cost to them:

Rising stock market prices:

Selling stocks in anticipation of falling prices:

Profit made on the sale of stock:

A loss on the sale of stock:

Formula for capital gain:

Formula for capital loss:

The selling price of the stock minus the brokerage fee charged to the stockholder for selling the stock: