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What Does Payable on Death (POD) Mean?



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Payable on death (POD) is a designation that allows an individual to name a beneficiary to receive assets upon their death. The designation is used for accounts such as checking, savings, and investment accounts, as well as insurance policies. POD accounts are easy to set up and do not require the involvement of a lawyer … Read more

What is the Value Proposition?



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A value proposition is what a makes it known about itself because it makes it different and useful compared to its competition and because users appreciate it. That is, it is something that distinguishes it from its competitors and so it can create a profit at the expense of it. To do this, the company … Read more