Explain the various definitions of disability that are found in disability-income insurance.
Explain the following disability insurance income provisions:
A common method of determining the amount of life insurance life insurance to purchase is called the needs approach. Explain the following needs for a head of the household:
Explain the capital retention approach for determining the amount of 410 life insurance owned.
Briefly explain the characteristics of the following types of managed care plans:
Health maintenance organization (HMO) plans
Preferred provider organization (PPO) plans
Point-of-service (POS) plans
800–1,000 words (3–4 pages)