Following life insurance contractual provisions

Assignment Help Finance Basics
Reference no: EM131047793

Briefly explain the following life insurance contractual provisions.
a. Suicide clause
b. Grace period
c. Reinstatement clause

Reference no: EM131047793

Questions Cloud

Calculate bank performance ratios : BEO3447 COMMERCIAL BANKING AND FINANCE ASSIGNMENT. Using the data contained in these reports conduct a ratio analysis to measure the performances of this bank for the period 2008-2010. You are required to: Calculate bank performance ratios
The life insurer discovered the heart ailment : Jim, age 32, purchased a $300,000 five-year renewable and convertible term insurance policy. In answering the health questions, Jim told the agent that he had not visited a doctor within the last five years.
What will the land rent be right next door to the market : What will the land rent be right next door to the market
Calculate the total-valuations for all assets acquired : Calculate the selling price being asked by each business and the purchase price offered by Sharp Photographics - Compare this with the profit made by Better Ltd in the same year, and explain whether you regard the differences as satisfactory reportin..
Following life insurance contractual provisions : Briefly explain the following life insurance contractual provisions. a. Suicide clause
Include the interest payments in calculating the cash flows : You are determining whether your company should undertake a new project and have calculated the NPV of the project using the WACC method when the CFO, a former accountant, notices that you did not use the interest payments in calculating the cash flo..
An appropriate contractual provision or policy benefit : Kathy, age 29, is married and has a son, age 3. She owns a $100,000 ordinary life insurance policy that contains a waiver-of-premium provision, guaranteed purchase option, and accelerated benefits rider.
Cumulative preferred stock that pays quarterly dividends : You own one share of a cumulative preferred stock that pays quarterly dividends. The firm has recently suffered some financial setbacks and has failed to pay the last two dividends. However, new funding has been arranged and the firm intends to resto..
Balance sheet equity-shares of stock outstanding : Fly Away, Inc., has balance sheet equity of $6.4 million. At the same time, the income statement shows net income of $992,000. The company paid dividends of $510,880 and has 200,000 shares of stock outstanding. If the benchmark PE ratio is 28, what i..

Reviews

Write a Review

Finance Basics Questions & Answers

  Suppose thiewes sells a total of 600 pairs of boots in a

suppose thiewes sells a total of 600 pairs of boots in a year. how many times per year does thiewes restock? suppose

  What is belyks net income what is its operating cash

during the year belyk paving co. had sales of 2700000. cost of goods sold administrative and selling expenses and

  Calculate the expected return-variance

Calculate the expected return, variance, and beta of a portfolio constructed by investing 1/3 in A and 2/3 in asset B. If only the riskless asset and assets A and B are available find the optimum risky asset portfolio if the risk free rate is 8%.

  Computing the interest and future value for the given data

Computing the interest and future value for the given data

  Importance of hiring right people for specific jobs

It is significant for companies to hire the right people for jobs? What is the process for hiring the person in order to fill a specific position?

  What is the value of the investment

An investment offers $8,500 per year for 15 years, with the first payment occurring 1 year from now. Assume the required return is 9 percent.

  Choudhary corp believes the following probability

choudhary corp believes the following probability distribution exits for its stock. what is the coefficient of

  Address arguments and counter-arguments

Objectively summarize the view of each writer.  Be sure to state the writers' names. Only summarize each writer's view--do not include your own views or opinions about the topic or about the writers' views. How did each writer address arguments and c..

  Portfolio of common stocks in five companies

Select a portfolio of common stocks in five companies whose stock is traded on the New York Stock Exchange (NYSE). Base your selection of stocks on your own personal willingness to take risks.

  What alternatives are available to a failing firm

Why do you think it is easier for firms with weak credit positions to obtain lease financing than bank loan financing? Explain the difference between economic and financial definitions of business failure. What alternatives are available to a fail..

  Determine the amount of amortization expense

Kerr Corporation purchased a patent on January 1, 2006 for $180,000. The patent had a remaining useful life of ten years at that date. In January of 2007, Kerr successfully defends the patent at a cost of $81,000, extending the patent's life to 12/31..

  Explain the general principles of underlying forwards

explain the general principles of underlying forwards futures and swaps. include in your answerprice versus

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd