Question: Answer the following question: Question 54 {1.49253?313 points} II A life insurance policyholder may no longer need life insurance. Such a policyholder may sell the

Answer the following question:

Question 54 {1.49253?313 points} II A life insurance policyholder may no longer need life insurance. Such a policyholder may sell the policy to a third party for more than its cash 1Iralue. The purchaser becomes the new beneficiary and is responsible for subsequent premium payments. Such a financial transaction is called alnl O collateral assignment. 0 accelerated death benefits rider. 0 absolute assignment. 0 life settlement

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Tazo makes a blend of exotic green teas, spearmint, and rare herbs into a tea called Zen. Using Maslow's hierarchy of needs, explain which need(s) are being fulfilled by this tea?

a life insurance policy may no longer need life insurance Question 72 (1.25 points) A life insurance policyholder may no longer need life insurance. Such a policyholder may sell the policy to a third...

Q1. A country that does not tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country estimate the supply and demand curves for cigarettes as: QD =...

I am wondering if anyone has corrected solutions to fnce 300 assignments 1 2 and 3. I am concered about my answers and would love to compare. Pretty sure on my answers for 1 and 2 mainly interested...

Please help me answer the following question and use excel for the formulas because I am using this information to write a paper. The company is Starbucks and I am trying to learn this on my own but...

Can you please help me with questions 8 and 9 for Case 6..... I have answers to questions 1-7 if needed... Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This...

Good Morning... I need help with questions 1-7 for Case 6 in the document attached...Please. Cases for Management Decision-Making CA-1 Suggested Uses of Cases Case Overview CASE 1 This case is the...

this module was intended and written focusing on learners fine yong it is here to you apply the mean or expected value of the discrete random theme of the avery B. value when the experiment is...

Can someone please help me with my homework? The forms that needed to be filled out are Forms 1040, 1040 Schedule A, 1040 Schedule E, and Form 4684 (for 2014). Thank you so much in advance!! Please...

Jasnoor wishes to arrange insurance policies in her own name covering the following: - A luxury watch that Jasnoor found in the street, the owner of which is yet to be traced. - The life of Jasnoor's...

14) Which of the following statements about life income settlement options is (are) true 1. Under a joint-and-survivor life income option, payments cease at the death of the second las surviving)...

In proteins, the imidazole groups of histidine play key roles in catalysis involving reversible protonation/deprotonation events. The pK of the imidazole group is influenced by surrounding amino...

You have been given the following information of Lindvie Corporation for September. Actual labor hours used Standard material price Actual labor rate per hour Standard quantity of materials used...

Q 2 2 ( 4 pts ) Which of the following correctly describes the relationship between a bond's coupon rate, yield to maturity, and its price relative to face value? A . If a bond's coupon rate is...

A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $1,500 per month for the next three years and then $500 per month for two years after that. If...

JustKitchens Inc. provides services to restaurants and hotels. The company supplies paper products, tableware, cookware, restaurant and kitchen equipment, and cleaning supplies. On January 2, 2017,...

What is the value in year 4 of a $1,000 cash flow made in year 6 if interest rates are 8 percent?

In a study of the lizard Sceloporus occidentalis, researchers examined field-caught lizards for infection by the malarial parasite Plasmodium. To help assess the ecological impact of malarial...

The Shannon Community Kitchen provides hot meals to homeless and low-income individuals and families; it is the organizations only program. The Kitchen had the following revenue and expense...

Identifying How Machine Learning Can Solve Problems What problem would you like your machine learning model to solve? What output would you like your machine learning model to produce? How will you...

3. Im trying to point out what we need to do to make this happen

1. I try to create an image of the message

4. I try to make them feel what I really mean (1 is related to the visionary, 2 to the logical, 3 to action and 4 to the emotional).