An insured who can no longer pay the premiums is protected by a(n)

a. incontestable clause.
b. coinsurance clause.
c. nonforfeiture clause.
d. all of these.


C

Business

You might also like to view...

Discuss some of the things you should do when you are being evaluated by your boss and the evaluation highlights weaknesses, problems, or mistakes on your part.

What will be an ideal response?

Business

Which of the following is not a suggested step when formulating an objective function?

a. Identifying a set of non-negativity constraints b. Defining whether the goal is to maximize or minimize the objective function c. Identifying contribution coefficients d. Creating the equation for the objective function

Business

In order to take advantage of the business judgment rule, directors must have made an informed decision and have no conflict of the interest with the corporation

a. True b. False Indicate whether the statement is true or false

Business

Fact Pattern 42-1AFresh Fruits & Veggies, Inc., wants to make an initial public offering of securities. Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.Refer to Fact Pattern 42-1A. Fresh decides to sell its new securities via the Internet. This offering

A. will avoid the payment of commissions to brokers or underwriters. B. is an investment scam. C. is a Ponzi scheme. D. constitutes insider trading.

Business