Which of the following would an insured use to protect against the negative effect of inflation on the future purchasing power of their life or disability income policy?

A. Guaranteed Insurability rider
B. Inflation offset rider
C. Cost of Living rider
D. Increased Benefits rider

Ans: C. Cost of Living rider

Business

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Heuristics can be used to explain why Madelyn always buys a specific brand of deodorant and why Ralph always buys whatever brand he happens to see first

Indicate whether the statement is true or false

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Membership in the American Institute of Certified Public Accountants (AICPA) is suspended without a hearing if a judgment of conviction is filed with the secretary of the institute related to all but which of the following?

A) willful failure to file an income tax return, which the CPA as an individual is required to file B) filing a fraudulent return on the part of the CPA for his or her own return or that of a client C) aiding in the preparation of a fraudulent income tax return of a client D) negligent failure to file an income tax return, which the CPA as an individual is required to file

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