RSS
 

Posts Tagged ‘Questions’

I need help with following school questions. Introduction to Sociology?

19 May

1. According to Kingsley Davis, a manifest function of
prostitution is that it
A. protects the bargaining position of married women.
B. provides a sexual outlet for men who can’t compete in
the marriage market.
C. increases sexual crimes of violence.
D. keeps many women properly employed and off the
streets.

2. Which of the following principles is illustrated by laws
requiring the use of seat belts?
A. Creation of values
B. Emphasis on voluntary compliance
C. Using laws to create norms
D. Elimination of values

3. In Freudian theory, the _______ is the natural, unsocialized
biological component of the psyche that includes hunger and
sexual urges.
A. id
C. superego
B. ego
D. me

4. In Mead’s theory, the “I” is the
A. self of which we’re aware.
B. self as social object.
C. spontaneous, creative part of the self.
D. selfless, other-centered part of the self.

5. Your text argues that _______ help to explain what’s common to humankind across
societies while _______ explains why people and societies differ from one another.
A. cultural universals; genetics
B. biological factors; culture
C. social structure; biology
D. technological advances; cultural universals

6. Lucinda has recently moved to the United States from Colombia. Her children no longer
speak Spanish and are learning to live like American children. Lucinda’s children are
experiencing
A. multiculturalism. C. cultural relativism.
B. ethnocentrism. D. assimilation.

7. Modern theories of cognitive development were developed primarily by
A. Jean Piaget. C. Sigmund Freud.
B. George Herbert Mead. D. Herbert Spencer.

8. The variable in a hypothesis that precedes or causes a change in the other variable in
the hypothesis is called the _______ variable.
A. control C. sample
B. independent D. dependent

9. Which of the following is the correct definition of sanctions?
A. Lifestyles that are opposed to the wider culture
B. Rewards for conformity and punishments for nonconformity
C. The forms of interaction through which people relate to one another
D. The expectation that people will return favors when they’re obligated to do so

10. The transmission of culture from one person (or generation) to the next is dependent
upon
A. a large brain.
B. the human capacity for creating and using technology.
C. natural human instincts.
D. the human capacity for language.

11. The difficulties that John and Mary experience in their marriage represent a personal
trouble. According to C. Wright Mills, the fact that 250 out of every 1,000 marriages
end in divorce within the first four years, however, is
A. a public issue.
B. a sign of moral collapse.
C. a latent dysfunction of marriage.
D. meaningless.

12. All of the following theoretical ideas are associated with Karl Marx, except
A. economic determinism.
B. dialectic.
C. positivism.
D. capitalism as a source of conflict and inequality.

13. Weber argues that part of the ideological foundation for capitalism came from
A. economic determinism. C. the American frontier.
B. Protestant religious values. D. changing modes of production.

14. The self-concept is best defined as
A. the way other people perceive us.
B. the spontaneous reaction we have to others in our daily lives.
C. the selfish egocentric part of the self.
D. a person’s thoughts regarding his or her personality and social roles.

15. According to theorists who embrace the symbolic interaction perspective,
understanding human behavior requires us to
A. recognize that meanings associated with behavior are static and don’t change.
B. become a member of the group we’re studying.
C. learn what behavior means to individual actors.
D. be willing to imitate and enter into the behavior of others.

16. Irving Goffman developed the concept of total institutions after working in a
A. mental hospital. C. cloistered monastery.
B. prison. D. boot camp.

17. “Society is like an organism, the parts work in harmony to contribute to the maintenance
of the whole. A healthy society is one that’s public.” These statements are
consistent with which sociological perspective?
A. Symbolic interaction
B. Cultural determinism
C. Structural-functional theory
D. Conflict theory

18 Norms that characterize the customary, normal, and habitual ways people are expected
to do things are known as
A. mores. C. customs.
B. laws. D. folkways.

19. Generalizing from what we’ve learned about monkeys, we can conclude that the effects
of neglect
A. have been overestimated.
B. are severe and irreversible.
C. are severe but may also be reversible.
D. always end in premature death.

20. Social values are defined by your text as
A. the normal, habitual ways of doing things.
B. shared ideas about what’s a valuable goal.
C. shared rules of conduct that specify how people ought to think and act.
D. strong ideas about what’s morally right or wrong as enforced by the police powers
of the

 
2 Comments

Posted in Uncategorized

 

LIFE insurance questions… HELP!?

07 May

My husband and I are wanting to get life insurance on my father n’ law.
He isn’t over the age of 80. He has a few minor health conditions, but nothing serious. Never smoked, but “chews”. We are wanting a $20,000.00 policy, just enough to fully cover funeral expenses, with a bit extra for whichever else may need to be paid off.
I have no clue how to start the process. It asks me for universal, variable, etc different kinds of health insurance. What would be what I’m looking for? Any good companies with reasonable rates? Will he have to be medically examined? Any different information anyone could provide us with would be greatly appreciated.
Thank You in advance.

 
3 Comments

Posted in Uncategorized

 

Job interview questions as financial representative for mutual company?

01 Apr

What kind of questions are they going to pose me at the interview for the position of financial representative by Northwestern Mutual. I know that they sell life insurance, long-term care insurance, disability insurance, annuities, mutual funds, and employee benefit services.

 
4 Comments

Posted in Uncategorized

 

Do you have any true questions or worries about where Ron Paul stands on issues or his plans?

26 Mar

In a couple of answers some people mentioned that they didn’t know how he would do X or Y. Some of these things I could answer, or other Ron Paul supporters could.

For example, some say ‘he will abolish Social Security’. He thinks it was a bad idea, but would not walk away from our obligations to those who have paid in for the ‘enforced annuity’. He won’t walk away from the national debt, much as he might like to, either. He would cut spending abroad to FUND vested social security and let the kids out to put their money where it would actually be there for them when they retire. In truth, he is the only one with a plan to PAY what is owed rather than find ways to renege. That is a misconception I see often.

Do you have other questions?

 

Questions and Answers on Life Insurance: The Life Insurance Toolbook

11 Mar

Product Description
During your life, you’re likely to make important choices that will affect you for years to come: determining the best community, buying the perfect house, and starting a new family. Purchasing life insurance falls into the same category. But selecting the right policy isn’t easy, especially when you’re faced with a constant barrage of commercials and brochures from competing life insurance companies. With twenty years of experience in the life insurance business, Anthony Steuer delivers a practical, one-of-a-kind resource to guide you through the basics—and the finer points—of life insurance and to help you choose the policy that is just right for you and your family. Using a simple question-and-a… More >>

Questions and Answers on Life Insurance: The Life Insurance Toolbook

 
5 Comments

Posted in Uncategorized

 

A few questions on getting licensed to sell Insurance & Annuities…..?

08 Mar

1)Does a criminal background stop you from being able to get a license (and by criminal background I mean: I was 18, got in a fight had guilt (adjudication) withheld on a 3rd or 1st (whichever is the least bad) felony. So technically, no guilt.

2)I checked the South and North Carolina requirements and it almost made it seem as if you had to have a degree just to get a license. Is this correct?

3)What is the best way to go about opening your own business selling insurance (instead of working for one company – being contracted through more than one to offer clients flexibility).

 
1 Comment

Posted in Uncategorized

 

Annuities: Your Questions Answered: Equity-Indexed Annuities

23 Jan

Q. Jeff, I’ve been approached by someone touting the benefits of equity indexed annuity with “Company-X”. They say my money will be safe, there’s a minimum return and a cap with a participation rate of 100%. They also said I’d probably average between 6%-7% without any risk to the money I put in. I’m confused by all this. Any help you can give would be greatly appreciated!


A. I’d be happy to help. It’s completely false when they say you should earn 6-7% per year without any risk. The only ‘guarantee’ on any equity-indexed annuity is the guaranteed minimum rate. On Company-X’s equity-indexed annuities, their guarantee is 3% on 75% of premium.


As you can tell, they aren’t interested in making equity-indexed annuities easy to understand. 3% on 75% of premium means that you are only ‘guaranteed’ a minimum of 2.25% on the full amount you invest. If you put in $100,000, they’ll pay you 3% on $75,000, or $2250 in interest.


Why don’t they just say they’ll pay you 2.25%?


The rest of the 6-7% return they say you should safely earn is entirely based on the stock market. More correctly, you are guaranteed of earning 2.25% if you leave all of your money in the equity-indexed annuity for 10 years. Any additional earnings are subject to the performance of the stock market.


They aren’t even straight with the market-based returns. You either have the option of “yield spread deducted from average monthly positive gains or cap with no spread “.


The Spread Option: Your contract is broken into monthly periods and the return for each period calculated. That gives you 12 one month returns. Those are added together and divided by 12. Lastly, the ’spread’ is deducted from that average.


I don’t know what their spread is (and they can change it anyway), but if it were 3%, they’d then subtract 3% from the average I just mentioned. Let’s say your average was 7%. 7%-3%=4%. So they’d credit you 4% for that contract year.


The 100% option: You get 100%, but only up to the cap, say 9%. So if the index goes up 9% you get 9%. If it goes up 23% like in 2003 you still only get 9%. And they can change the cap.


The bottom line is that you’re locked into an equity-indexed annuity and they control everything. They can change how your return is calculated from year to year and you have no recourse.


Q. You stated they can’t guarantee 6-7% as my return, but that the return would be based on the average of the S&P 500. What was the average for the last ten or so years? And wouldn’t that be my return? Company-X has a 100% participation rate and that sounds good, but they said there is a 7% cap on the interest rate. That sounds pretty decent in comparison to what I can get on a fixed annuity. What do you think?


A. As of 2/18/2005, the 10 year average annual return of the S&P 500 was 11.5%. You participate 100% but only up to the cap–7%. For instance, in 2003 the S&P 500 earned 23%, but this EIA would have only earned 7%. Last year, the S&P 500 earned over 10% with dividends reinvested. This EIA would have only earned 7%.


That’s a huge difference. $100,000 earning 7% for ten years will be worth $196,715. The same investment at 11.5% will be worth $217,852. That is $21,137 more. Put differently, you will earn 21% more over ten years at 11.5% then at 7%.


You shouldn’t compare an equity-indexed annuity to a fixed annuity. A better comparison would be to a variable annuity because none of the returns of a fixed annuity are subject to the stock market.


I don’t have any financial incentive in the advice I’m offering you. On the other hand, the person recommending the equity-indexed annuity will probably make a 10% commission and will provide little or no service after you sign you up. Did they mention that?

 

Life insurance questions and answers

10 Jan

Can antone honestly maintain the Dutch auction of Whole, Universal, and VUL natural life insurance?
All of the true financial experts agree that whole natural life, universal existence and VUL policies are rip-offs. Is it only the ignorance of the public that allows these policies to verbs to be sold? My opinion, which is widely agreed among true…

Can I purchase time insurance for our ethnic group lacking a physical exam?
We have a bright baby and we both have need of to be insured. Is it possible to purchase affordable life insurance short a physical exam? – You can purchase up to 150,000 of term duration without exam if you can answer no to five…

Can someone explain to me how an annuity works?
I have remunerated for life insurance on my kids since they be born. They are now ages 23 & 21. My husband think we should change the policies to annuities but I am not immensely familiar beside how they work, what are the pros, cons etc. – Funny the…

Can you find out if a departed entity have life span insurance minus paperworK?
My aunt, who had alzheimer’s in recent times passed away a few weeks ago. Her papers had be shuffled from one family’s house to another and much of it is gone. Is there a databank to look up if at hand is life insurance…

Can you recommend a apt time insurance company? Is AIG well-mannered?
Is AIG better than AAA life insurance company surrounded by terms of premium affordability and paying claims? Are within insurance companies that make your policy blankness if you go to unquestionable countries? – Wow look at all the spammers, mostly coming from India for some principle. AIG…

Do my parents involve to adjust my status within their vivacity insurance policy?
After getting married, do my parents need to transfer my status from single to married in the vivacity insurance coverage? What if I will not tell them that I get married? And I will be buying my own life insurance anyway, near my husband to…

Exactley how does residence enthusiasm insurance work?
Whats the difference between regular life insurance and possession?How does term work? – OK, permanent status is PURE insurance – a straight bet on whether or not you’ll die, within a enduring time period. I LOVE possession insurance. “Regular” life insurance would be total life, wide-ranging, variable, etc – where on…

can anyone recommend a sensitive of energy insurance that can benefit a third gala except your relatives?
Most life insurance can benefit a third get-together as long as the third party have “insurable interest”. For example. business partners will normally use life insurance to protect respectively other from the risk associated losing a partner. The key is…

Can anyone reward premiums and bring remunerated on my vivacity insurance once i croak?
i have a unadulterated greedy sister,who i’m sure she is doing this on me and my brother, is there any approach i can find out? isnt this against the law? she have no scruples!! When a life insurance policy is owned by someone save…

can creditors embezzle your time insurance money for your insensible spouse debts?
If you have a amalgamated account next to your spouse, you are obligated to pay the remaining debt. So you would enjoy to use the life insurance money to repay it. To answer your question, not a soul has access to the duration insurance money…

Can GMAC be liable for letting someone commit fraud on a credit life insurance policy?
Dad bought Tahoe at GMAC, they (dealer, who he’s known for 30 years) knowingly new he had all the conditions listed on application, but still let him apply anyway. Dad passed 8/09/06, so now credit life sends forms wanting to know all health…

Can i attain my money put a bet on from my duration insurance?
my wife and i have be paying for life insurance for almost 9 years now. the broker explained that it is what is call whole natural life insurance and that you would only compensate for 10 years. recently we find out that it could be…

Can I be paid my estate the benficiary of my vivacity insurance?
I have about $800,000 surrounded by life insurance. I am divorced and have some other assets as okay. My will is set-up that my five children each get 20%, plus their mother and my mother get hold of some cash. Can I just product my “estate”…

Can I buy life insurance if its possible I have a brain tumor? I live in California.?
I havent been offically diagnosed, but the doc seems to think so. More doc appts to come. Can I still get life insurance at this point? There are companies that sell Guaranteed Issued policies. Check with a local agent. These policies…

Can I buy occupancy go insurance for my aunt who lives within CA?
I live in Florida and was in recent times wondering if I can purchase a term life insurance policy for my aunt within California? Will the term life insurance policy be within my name or her name, because I will be paying for the policy?…

Can I catch a short time ago duration insurace, contained by India, from LICI or any other company?
To cover an educational loan (INR 300000), a sandbank requires life insurance of student, who is a 20-year antiquated girl, for about 9 or 10 years. The agents do not let somebody know you about freshly insurance; and I…

Can i clutch out a natural life insurance policy on anyone?
We enjoy tried to bring back him treatment and he won’t. his mom requests the money.should i do it Well, you want to achieve his approval and cooperation . . . but unless you’re likely to retribution the insurance company like peas in a pod amount they…

Can I create an irrevocable enthusiasm insurance trust that exists surrounded by perpetuity?
Interested in creating a ‘family trust’ that can be used to benefit subsequent generation in a dynastic mode You can create an irrevocable life insurance trust that last a long time, but not in perpetuity. The trust will winding up at the end of…

can i find out if my recently departed mother had life insurance cannot find any documents but think she may?
cannot find policies but she had just recently moved house would there be any company i can check See the officials

can i have the list of insurance companies inindia?
to plan for children education. every life insurance company has a child policy (list of ins cos can be got from irda website also). child policy are of 2 types : 1) endowment type: you get a lumpsum at maturity 2) moneyback type: you get money spread over 4/5…

Can I lolly within my natural life insurance policy in a minute?
If there is currency value built contained by the policy, yes you can. There are two ways you can cash it out 1) You can borrow some of it and rate monthly interest on it. 2) Cancel the policy to get the dosh value, but…

Can I own group insurance for my entire domestic ?
What kind of insurance are you chitchat about? If this is vigour, yes you can have group or family circle health coverage (up to a indubitable age for children). If this is life insurance, most companies will allow you to attach riders to your policy, that way…

Can I purchase life insurance for a family member if I don’t know their SSN?
Over the last six years, five of my family members have passed away. The furneral expenses have been overwhelming. Just when we ge done paying off one another one arises. Currently my dad doesn’t look like he’ll make it through the next six…

Can I put natural life insurance on a senior aunt that lost mobility surrounded by her hand short her signature?
We will need this insurance to earnings for her funeral in perchance the next 5-10 yrs. Yes, assuming she’s insurable pursuant to the insurer’s underwrite guidelines. However, in writ to sign for her, you must have a…

Can I still be on my parents’ life insurance if i don not live in the same state as them? im 17?
/?? You’re on their LIFE insurance? Like, they have a Child Rider on your life, attached to THEIR policy? Sure. Where you live has NOTHING to do with it. I think there’s more to this…

Can if be possible ? how do i find out if relatives or family own done a energy insurance ?polocy on one?
i have hear life insurance polocies can be done on folks without the being knowing and when death happen moneys can be claimed. Going to need a starting point. A check to a company for…

Can just anyone take out life insurance on anyone else without telling that person.?
Can they make them self the beneficiary and claim the money when the person dies. To insure someone else’s life, you must have an “insurable interest” in that person. In other words, their death must affect you financially, such as a spouse, child, or…

Can my dad apply for existence insurance this slow?
My dad received a letter and application for life span insurance for $25,000 coverage. He got that almost a month ago but didn’t apply for it. He has no natural life insurance at all The memorandum said there is no medical nouns required. The application deadline is 2…

Can my husband collect his settlement structures?
My husband won a lawsuit for lead paint poison roughly 20 years ago in Boston, Massachusetts. He be a kid at the time so his mother, who was on drugs, be collecting the settlement structures through a life insurance company. Well she never received adjectives of the money because she was…

Can my husband receive the full 25g for a enthusiasm insurance policy his departed father took out 10 years ago?
My husbands father died 3 years ago. His step mother just call yesterday to inform him that she found a life insurance policy from prudential that his dad took out 10 years ago. My husband is scheduled…

Can one take out life insurance on you without you knowing?
Can one e.g. (boyfriend, husband etc.) take out life insurance on you without you knowing? If so, how can you find out who took it or, when did they do it and where was it taken out if it’s in the same state as you or out…

More insurance questions please visit : InsuranceFreeFAQ.com

 

9 Questions you Must Ask Before Buying An Annuity

21 Sep


There are many different types of annuities. There are situations that an annuity would be the right decision and there are situations that an annuity would be the wrong decision. Annuities can be very confusing. There are hundreds if not thousands of different annuities with different features and benefits. Before buying any annuity, make sure you get the answers to the following questions.

1. What company is it and what are their ratings?

An annuity is only backed by the quality of the company writing it. Find out the rating of the company and make sure it has a rating that you are comfortable with. Ratings go from AAA down. I suggest you stay with a company that is A rated or better.

2. What is the surrenders charge?

Annuities do not charge sales charges up front. Instead if you take the money out before a certain time you must pay a surrender charge. You must be very clear how much that charge is and for how long. The surrender charge is usually on a sliding scale, with the first year or two the highest percentage, then the rate lowers every year. Annuities that have over a 10% surrender charge and/or a charge that last for more than 10 years is often excessive. Make sure you know these numbers before you buy the annuity.

3. What are the penalty free withdrawal provisions?

Most annuities have a penalty free withdrawal. From my experience, the better companies usually have a 10% yearly penalty free withdrawal provision. That means that you can take up to 10% of your accumulated value (the money in the annuity) without having to pay a surrender fee. I have see onerous annuities that have only a 10% lifetime annuity. Find out what the penalty free withdrawal provision is before you buy the annuity.

4. Are there any other circumstances that would waive the surrender fee?

Some annuities have provisions that allow you to access your money with surrender charges for unemployment or nursing home. Find out what the provisions are in your annuity before the purchase.

5. How will I earn money in the annuity?

This is one of the trickiest parts of an annuity. A fixed annuity is pretty simple. You receive a fixed interest rate for the guaranteed period at which time it will adjust to the new fixed rate.

Equity Index Annuities are tied to the “Index” for examples the S&P 500 and a formula is used to calculate the gains. Make sure you understand the formula. It is really important that you understand how this product works if you plan on buying it. In specific ask about crediting method, participation rates and cap rates.

Variable annuities are linked to a managed portfolio and get credited the same way that any equity base product works similar to mutual funds.

6. Are there any limitations on what I can earn?

This is really very important for Equity Index Annuities that have caps on the amount that you can earn in one year and participation rates. Make sure you understand these before you buy.

7. How does the Death Benefit work?

If you die what happens to the annuity? Do your heirs have to annuitize and take their inheritance as a stream of income or can they receive the cash? If the annuity goes down does the death benefit still pay the higher amount. Find out the death benefit of the annuity.

8. Do I have to annuitize to gain the full benefit of the contract?

When you have passed the surrender period can you get the gains? Some companies force you to take your money as a stream of income. Make sure there are no strings at the end of the surrender charge.

9. Why is this strategy better for me than another one?

With so many annuities out there. Find out why your representative has picked this annuity. There are a lot of good answers. If you see a deer in the headlights look, you might want to continue shopping.

Annuities can be a great addition to a portfolio. They can create fantastic streams of income that a person can never outlive. Just make sure that the annuity is right for you.


 

Six Questions To Ask Before You Buy An Annuity: Podcast (spanish)

14 Sep


This video is from the Insurance Information Institute.

 

Six Questions To Ask Before You Buy An Annuity: Podcast

13 Sep


This video is from the Insurance Information Institute.