Is it legal or ethical for an insurance agent to suggest a variable life insurance policy to
Question:
Is it legal or ethical for an insurance agent to suggest a variable life insurance policy to an 80-year-old man? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
The fact is that it will not be legal or ethical to recommend an 80 ye...View the full answer
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Insurance agents are intermediaries who help other members of the channel by providing information and handling the selling function. Does it make sense for an insurance agent to specialize and work...
-
SHOULD MICKEY PAY GEENMAIL? In March 1984, a group headed by Saul Steinberg purchased more than 2 million shares of stock of Wait Disney Productions, the owner of Disneyland. Disney responded by...
-
Insurance agents are intermediaries who help other members of the channel by providing information and handling the selling function. Does it make sense for an insurance agent to specialize and work...
-
An autoglass company located in Detroit produces mirrors for automobiles. The company supplies auto mirrors to a nearby Ford (The Ford Motor Company, Dearborn, MI) plant. The demand for mirrors from...
-
Find vx, and ix in the circuit shown in Fig. 3.107. Figure 3.107 3.4 5 50 V 4i
-
Capriati Corporation commenced operations in early 2010. The corporation incurred $60,000 of costs such as fees to underwriters, legal fees, state fees, and promotional expenditures during its...
-
In Problem 102, using an interest rate of 10 percent, what uniform series over the closed interval [1,8] is equivalent to the cash flow profile shown? Data from problem 102 Consider the following...
-
On December 31, 2017, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common...
-
The backbone of corrections is its workforce. The corrections sector relies on qualified, trained, and dedicated staff for effective, professional operations. But today, correctional administrators,...
-
Consolidation related simulation example: Millennium Capital Management, Inc., (MCM) acquired a 90% interest in NextGen, Inc. MCM's Financial Manager, Matthew Steven, has prepared a draft memo to the...
-
Outline a personal insurance plan with the following phases: a. Identify personal, financial and property risks; b. Set goals you might achieve when obtaining needed insurance coverages; and c....
-
When designing a new thrill ride for an amusement park, the designer must consider the sitting heights of males. Listed below are the sitting heights (in millimeters) obtained from a simple random...
-
Archaeologists gain insight into the social life of ancient tribes by measuring the distance (in centimeters) of each artifact found at a site from the central hearth (i.e., the middle of an artifact...
-
Which of the following functions is/are NOT appropriate for the local optimization (minimize) function that we discussed in the course this semester? f(x, y, z) = x + y + z + y+z f(x) = x {2, -X if...
-
Consider a tax system as follows. The tax rate for income between 0 and $1,000 is 25%. Any additional income above $1,000 is taxed at 70%. Now think of an individual who makes $100 an hour and has a...
-
Part What is the company's operating cycle? How does it compare to the industry average of 72 days? (2 Marks) What is the company's cash conversion cycle? How does it compare to the industry average...
-
Obtain the temperature distribution as a function of (x, y, t) T 1 T + ax dy a t Where at x = 0 y = 0 T = To, and at x = L T dy = 0, y = W T = T Show all solution steps and simplify all equations...
-
Explain your recommendations for the economy and economic policies of Liberia and discuss the following: What might be the causes of poverty or lack of economic development in Liberia? What economic...
-
Use the standard price and cost data supplied in Problem 8-20A. Assume that Narcisco actually produced and sold 32,000 books. The actual sales price and costs incurred follow: Actual price and...
-
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
-
Differentiate between the two cost of insurance options in a universal life insurance policy.
-
Describe the similarities and differences between whole life insurance and universal life insurance.
-
What are non-forfeiture options? What are the non-forfeiture options within a permanent insurance policy?
-
Any global marketing strategy, that is in the words of Peter Drucker (2003)" any commitment of present resources to future expectations", has to start with taking stock of the changes in the global...
-
Combine the following and reduce to lowest terms where appropriate. a+4 2a+3 1. 5y 5y 2. 4a x - a y 47 -IX 3. + 27 - 3 MIN y z II 3X 5Y 4. 16A2B 24AB 7x 4 5. 10ab 10ab
-
8. The graph below is a model graph for one-way bus fare for different locations A, B,C, and D. Find the four possible Hamilton circuit. the sum of the weight of the edge, and the total fare of each...
Study smarter with the SolutionInn App