Insurance policy took effect

Assignment Help Business Management
Reference no: EM133652207

Question 

Robert died of a heart attack four years after his insurance policy took effect. After a review of his medical history, it came to light that Robert already had a heart murmur at a young age and had intentionally left these details out when he initially applied for his policy. Ethics Common Law Exan Timer Kim S2s Notepad Calculator/Calculatice Reference material in English I Due to this new evidence, how could the insurance company react?

• Refuse to pay death claim.

• Reimburse 100% of premiums.

• Pay 50% of total claim. Pay 100% of total claim.

Reference no: EM133652207

Questions Cloud

Which industry does apple enter with its new electric car : Which industry does Apple enter with its new electric car? Which forces exert the most significant influence on the industry, considering Apple's entry?
Mark and angela are newly retired couple : Mark and Angela are a newly retired couple. In order to continue having a level, predictable teame.
What is the purpose of a nploc : When nonpunitive censure is issued in writing, it is referred to as a nonpunitive letter of caution or NPLOC. What is the purpose of a NPLOC?
Develop and plan a developmentally appropriate : Develop and plan a developmentally appropriate healthy cooking activity for young children. This item could be breakfast, lunch, dinner, or snack
Insurance policy took effect : Robert died of a heart attack four years after his insurance policy took effect. After a review of his medical history,
Why those not chosen were not a good fit for your company : Explain why those not chosen were not a good fit for your company. You must explain "why not chosen" for a minimum of 3 costing methods.
Should eligibility for social security be restricted : Should eligibility for social security be restricted to people who contribute to it or to people who are most in need? What steps do you think should be taken
Explain the family relationships you detailed : Explain the family relationships you detailed. Describe what you have learned that might be helpful when working with families
Would you hire sue for this position : After all, you would be sending her into a potentially hostile working environment. Would you hire Sue for this position? Why or why not?

Reviews

Write a Review

Business Management Questions & Answers

  Methods of communication

What are some of the advantages of using one method or application over another?

  Explain the base of social power in detail

Provide an example from your life where one of the bases of social power allowed you to hold power over a supervisor (boss, teacher, etc).

  Ethical application of erm

How does risk concepts like exposure, volatility, probability, severity,time horizon, correlation snd capital contribute to the ethical application of ERM.

  What is the initial outlay of project

ABC Company is considering whether a project requiring the purchase of new equipment worth investing. The firm spent $20,000

  Major differences between the ncaa and naia

What are the major differences between the NCAA and NAIA academic standards for student-athletes? How would these differences affect athletic administrators?

  Organizational structure is briefly discussedexplain how is

organizational structure is briefly discussed.explain how is structure related to the organizations need for efficiency

  Labor and entrepreneurial innovation

Based on land, minerals and natural resources, labor and entrepreneurial innovation, which country do you feel has the greatest long-term potential

  Prepare a marketing plan for the pharmaceutical sector

Prepare a marketing plan for the pharmaceutical sector of Johnson & Johnson, an American company that specializes in medicines, medical and surgical equipment

  How did your general business problem incorporate learning

How did your General Business Problem incorporate any key learning outcomes for course? How will this course content help you refine your Specific Business?

  Areas of an organization

What areas of an organization (e.g., what functions) do you think are the best to centralize? Which are the best to decentralize?

  According to the american marketing association

According to the American Marketing Association, as quoted by Finch (2012), high involvement purchases are "seen as having important personal consequences

  Evaluate and rank the potential locations

Evaluate and rank the potential locations for a second location. Thoroughly discuss the pro, cons, and trade-offs of each location

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