Alexandra Cunningham of Gardner, Massachusetts, has a $170,000 participating cash-value policy written on her life. The policy
Fantastic news! We've Found the answer you've been seeking!
Question:
Alexandra Cunningham of Gardner, Massachusetts, has a $170,000 participating cash-value policy written on her life. The policy has accumulated $4,200 in cash value; Alexandra has borrowed $2,600 of this value. The policy also has accumulated unpaid dividends of $1,270. Yesterday Alexandra paid her premium of $1,400 for the coming year. What is the current death benefit from this policy?
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Posted Date: