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a describe the major types of exclusions typically found in insurance contractsb why are exclusions used by
a explain the basic characteristics of universal life policiesb explain the limitations of universal life
a briefly explain the basic characteristics of ordinary life policiesb why does an ordinary life insurance policy
a briefly explain the basic characteristics of term insuranceb identify the major types of term insurance sold todayc
a explain the meaning of premature deathb identify the costs associated with premature deathc explain the economic
richard age 35 is married and has two children ages 2 and 5 he is considering the purchase of additional life insurance
life insurance policies have different characteristics for each of the following identify the life insurance policy
todd age 28 would like to save money for a comfortable retirement he is considering purchasing a cash-value life
megan age 32 is married and has a son age1 she recently purchased a cash-value life insurance policy that has the
a the human life value is one method for estimating the amount of life insurance to own keeping all other factors
richard age 45 is married with two children in high school he estimates that his average annual earnings over the next
ashley has an individual medical expense insurance policy with a 1000 calendar-year deductible and a 20 percent
assume that a 300000 liability claim is covered under two liability insurance contracts policy a has a 500000 limit of
stephanie owns a small warehouse that is insured for 200000 under a commercial property insurance policy the policy
michael owns a small plane that he flies on weekends his insurance agent informs him that aircraft are excluded as
all states have nonforfeiture laws that require the payment of a cash-surrender value when a cash-value policy is
a life insurance policy that pays dividends is known as a participating policya identify the sources from which
describe the policy loan provision that appears in a typical cash-value life insurance policy a why is interest charged
a life insurance policy is freely assignable to another party explain the following types of assignmentsa absolute
explain the following beneficiary designationsa primary and contingent beneficiaryb revocable and irrevocable
a describe the incontestable clause in a life insurance policyb what is the purpose of the incontestable
commercial banking and finance assignment-part one briefing to the bank ceothe accounts department of a major bank
jim age 32 purchased a 300000 five-year renewable and convertible term insurance policy in answering the health
briefly explain the following life insurance contractual provisionsa suicide clauseb grace periodc reinstatement
kathy age 29 is married and has a son age 3 she owns a 100000 ordinary life insurance policy that contains a