A life insurance policy is freely assignable to another party. Explain the following types of assignments: a.
Question:
a. Absolute assignment
b. Collateral assignment
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
a Under an absolute assignment all ownership rights ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ 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
-
A life insurance policy is a financial asset, with the premiums paid representing the investments cost. a. How would you calculate the expected return on a 1-year life insurance policy? b. Suppose...
-
A life insurance policy is a financial asset. The premiums paid represent the investments cost. a. How would you calculate the expected return on a life insurance policy? b. Suppose the owner of a...
-
A person who buys a life insurance policy pays a certain amount per year and receives for his family a much larger payment in the event of his death. Would you expect buyers of life insurance to have...
-
pthyon Carleton student ID). Add a function named find_diff() to your program that takes a 2-D list of any size containing some positive integers. Your function must find the difference between the...
-
Maritime Insurance projected revenue of $2 995 200, total variable costs of $778 752, and fixed costs of $1 962 000 for the next year. Answer each of the following independent questions, rounding all...
-
C & M Securities made several expenditures during the current fiscal year, including the following: Required: a. For each of the items listed above, indicate whether the cost should be debited to...
-
The Durbin-Watson statistic is designed to detect autocorrelation and is defined by \[D W=\frac{\sum_{t=2}^{T}\left(y_{t}-y_{t-1} ight)^{2}}{\sum_{t=1}^{T}\left(y_{t}-\bar{y} ight)^{2}} .\] a. Derive...
-
The notes that accompany a companys financial statements provide informative details that would clutter the amounts and descriptions presented in the statements. Refer to the financial statements of...
-
What are the ethical responsibilities of leaders in promoting diversity, equity, and inclusion within organizations, advancing initiatives to combat discrimination, promote equal opportunity, and...
-
Two worksheets correspond to this assignment. One worksheet includes financial information for Nike and the other worksheet includes financial information for Caterpillar. Each worksheet includes the...
-
Explain the following beneficiary designations. a. Primary and contingent beneficiary b. Revocable and irrevocable beneficiary c. Specific and class beneficiary
-
Describe the policy loan provision that appears in a typical cash-value life insurance policy. a. Why is interest charged on a policy loan? b. List the advantages and disadvantages of a policy loan.
-
Mosquito bites are not always the harmless little irritations most of us take them to be. For example, some mosquitoes carry West Nile virus, and people who are infected can become very sick or even...
-
We discussed the effect of inflation on the effective capital-gains tax rate on the sale of a home. In this question, we explore the effect of inflation on another feature of the tax code- the...
-
In late 2004 IBM announced it was getting out of the personal computer business and would sell its entire PC operations to Lenovo, the fast-growing Chinese manufacturer of personal computers, for...
-
The natural rate of unemployment Suppose that the markup of goods prices over marginal cost is 5%, and that the wage-setting equation is W = P(1 - u), where u is the unemployment rate. a. What is the...
-
Al Merritt founded MD International in 1987. A former salesman for a medical equipment company, Merritt saw an opportunity to act as an export intermediary for medical equipment manufacturers in the...
-
General Electric formerly entered a foreign market by either acquiring an established firm or establishing a greenfield subsidiary. Joint ventures with a local company were almost never considered....
-
Consider the roots of the equation (a) Write Newtons method for computing x (k+1) from the previous value x (k) for this problem. (b) Simplify your result for large x (k) . (c) Assume you have...
-
DC has unused FTC carryover from 2017 in the separate category for GC income as the result of income generated by a foreign branch. The income was foreign source general category income. In 2018 the...
-
In an economy, only one combination of goods is productive efficient. True or false? Explain your answer.
-
In 1992 a liter of scotch cost $22.84 in New York, S$69 in Singapore, and 3,240 roubles in Moscow. a. If the law of one price held, what was the exchange rate between U.S. dollars and Singapore...
-
Table 28.5 shows the annual interest rate (annually compounded) and exchange rates against the dollar for different currencies. Are there any arbitrage opportunities? If so, how would you secure a...
-
Last year we had a substantial income in sterling, which we hedged by selling sterling forward, in the event sterling rose, and our decision to sell forward cost us a lot of money. I think that in...
-
Assume that a firm has weighted average cost of capital of 3.6% with a corporate tax rate of 21%. The pre-tax cost of debt is 3.1%. In case the firm would have no debt, the cost of equity for the...
-
Consider the stock of Aya Company, which will pay an annual dividend of $3 one year from today. The dividend will grow at a constant rate of 3%, forever.The market requires a 12% return on the...
-
Analyze the video presented on the link below. Also, please discuss or explain the video and relate it to personal finance. https://www.youtube.com/watch?v=nFY0HBkUm8o
Study smarter with the SolutionInn App