a. Explain the requirements for reinstating a lapsed life insurance policy. b. What are the advantages and
Question:
b. What are the advantages and disadvantages of reinstating a lapsed life insurance policy?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (18 reviews)
a To reinstate a lapsed policy the following requirements must be met 1 Evidence of insurability ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
What are the advantages and disadvantages of term life insurance?
-
What are some advantages and disadvantages of housing a project in a functional form?
-
What are the advantages and disadvantages of using short-term debt as a source of financing? Dan Barnes, financial manager of Ski Equipment Inc. (SKI), is excited but apprehensive. The companys...
-
How do you organize a problem-solving persuasive message?
-
The management of Lambda Corporation has received the following forecast for the next year. Capacity is a sales volume of $800 000. (a) Compute (i) The contribution margin ; (ii) The contribution...
-
What are homestead and family allowances?
-
After rereading the Opening Profile, identify all effective actions Ellie Symes and Wyatt Wells initiated in the early days of building The Bee Corp.
-
Joan Locker and Bill Dasher organized the Arizona Land Development Company (ALDC) on January 2, Year 1. They contributed land with a market value of $300,000 and $100,000 cash for all of the common...
-
Write the function sum2.m that accepts a matrix m and returns the summation of the positive numbers and the summation of the negative numbers in m. The outputs are sum_p, and sum_n. Use the function...
-
1. Can you explain Toms, Dicks and Harrys motivations by one or more of the work motivation models discussed in this chapter? 2. How, if at all, would equity theory apply to the analysis of the...
-
Briefly explain the following life insurance contractual provisions. a. Suicide clause b. Grace period c. Reinstatement clause
-
Explain the following beneficiary designations. a. Primary and contingent beneficiary b. Revocable and irrevocable beneficiary c. Specific and class beneficiary
-
Explain how your tolerance for risk when investing may have changed by the time you retire, and why.
-
What is the molar solubility ( in terms of mol / L ) of SrF 2 in pure water? Note the Ksp of SrF 2 is 2 . 6 x 1 0 - 1 0 Molar solubility of SrF 2 = 1 . 9 x 1 0 - 3 MMolar solubility of SrF 2 = 8 . 7...
-
Estimation of the parameters for the Exponential and Weibull distributions. DATA SET A: 2, 14, 23, 45, 67, 75, 89, 99, 101, 123, 138, 159, 188, 201, 203 DATA SET B: 13, 24, 35+, 65, 86, 99, 109,...
-
The following consecutive readings were taken with a level and a 4-metre levelling staff on a continuously sloping ground at common intervals of 30 m: 0.855(on A), 1.545m, 2.335, 3.115, 3.825, 0.455,...
-
Write an article on communication as culture essays on media and society.
-
Investment Name Investment Ticker Return Beta Treynor Jensen META PLATFORMS META 76.1% 1.19 62.96% 67.47% APPLE AAPL 27.1% 1.30 19.94% 17.77% TESLA TSLA 68.4% 2.01 33.45% 54.64% THE PROCTER & GAMBLE...
-
T-bills currently yield 6 percent. Stock in Christina Manufacturing is currently selling for $50 per share. There is no possibility that the stock will be worth less than $45 per share in one year....
-
At 31 December 20X9, the end of the annual reporting period, the accounts of Huron Company showed the following: a. Sales revenue for 20X9, $ 2,950,000, of which one- quarter was on credit. b....
-
How does competition arise out of scarcity?
-
Companies may be affected by changes in the nominal exchange rate or in the real exchange rate. Explain how this can occur. Which risks are easiest to hedge against?
-
A Ford dealer in the United States may be exposed to a devaluation of the yen if this leads to a cut in the price of Japanese cars. Suppose that the dealer estimates that a 1 percent decline in the...
-
You have bid for a possible export order that would provide a cash inflow of 1 million in six months. The spot exchange rate is $.9094 = 1 and the six-month forward rate is $.9070 = 1. There are two...
-
Explain why leasing is an option for a company expansion. include, what leasing is and how it will benefit the company in it's expanding efforts. Also, how is capital or operating leasing recorded on...
-
Discuss the following statement: " A head of state signs a treaty on behalf of his country in excess of authority of his country, such treaty shal be void for inconsistency with domestic law of the...
-
A company is looking at new equipment with an installed cost of $415,329. This cost will be depreciated straight-line to zero over the project's 5-year life, at the end of which the equipment can be...
Study smarter with the SolutionInn App