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What is the purpose of a disclosure statement in the life insurance policies?
Wiki User
∙ 8y ago
To explain features & benefits of a proposed policy to the consumer
Wiki User
∙ 8y ago
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Can you take out more than one life insurance policy for yourself?
yes you can. Some companies that sell the easy issue kind of policies may restrict the total dollar amount that you can buy. Other than that, if you are taking out regular life policies (the kind that you give blood, medical reports, etc) you should be fine. There is no limit to the number of life insurance policies you can take out on yourself. However, life insurance is not a means of investment. You should consider the purpose of the death benefits. Once the purpose is fulfilled your money may be put to use more wisely in safe investments.
What is the purpose of a credit card statement?
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What is the purpose of life insurance brokers?
Life insurance brokers offer different life insurance policies from different companies and help you to compare which one may be the best for you and your family.
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The purpose of life insurance sales leads is to help generate sales. If one has leads for possible sales then these in turn could possibly lead to policies being sold.
Can each member of household get separate auto insurance for their car in South Carolina?
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Yes, there are insurance policies specifically designed for the purpose of insuring antique automobiles. This type of insurance policy generally applies to a car that is at least 25 years old, and there is usually a limit to how many miles the car can be driven each year. Other conditions and stipulations may apply. Many Insurance companies specialize in antique car insurance.
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What is the purpose of a DWI car insurance?
DWI or DUI car insurance is simply car insurance for those who have a DWI or DUI offense on their driving records. These people are perceived as a higher risk by the insurance industry, so these policies are more expensive and offer less coverage.
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A mission statement is a statement of purpose written by the founders of a company. There is no publicly published mission statement for Wikipedia .
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An insurance policy is a contract between an insurance company and the person purchasing the policy (or the insured). The policy costs a specified amount and if all premiums are paid in a timely manner, once the insured has died, their beneficiary (who whomever they name) will be paid a sum of money.
