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what are some of the policies e-commerce businesses must develop before launching a sit
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∙ 11y ago
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What is meant by the term ecommerce?
ECommerce functionality is to allow for the online purchase of goods or services by credit cards or Pay Pal. Buying products over the Internet.
Who are benefits of a life insurance policy paid to if the insured survives the term?
In a term policy if you outlive the term of your policy, no benefits are paid. For example, if you buy a 20 year term life insurance policy, and you are alive at the end of the policy, no death benefit is paid out. -ex
What is convertible term insurance?
A term policy that can be converted to a whole life (or other) policy.
Which topics are on ecommerce?
ecommerce is a weird word
When is a policy paid out?
a policy can be paid out upon death of the life insured, maturity (if the policy has a term and is with profit) or via cash surrender (for a lower value) as long as the policy is with profit and is not a assurance term policy
What is an endorsement to a insurance short term policy?
It amends the policy
Who coined the word "ecommerce" or when did it first come into use?
There is no particular person that coined this certain term. However, there term was used in the early 1980's as a stock market term and was used ever since.
Where can one find ecommerce providers?
One can find ecommerce providers in online lists containing names of ecommerce providers. In addition, one can find ecommerce providers in the yellow book.
What benefit is paid if the insured dies after term insurance expires on an extended term insurance policy?
Once the term policy expires there is no further benefit owed to the owner/beneficiary of the policy. You have converted the whole/entire life policy into a term/temporary policy. The cash value was used to pay the premiums for the term policy. Therefore, there is no longer a cash value on your insurance policy. Once the temporary policy expires, a new policy or extension must have been in place before the insured's death to receive any benefit. This is one of the non-forfeiture options standard to insurance policies.
Can the actual cash value of an extended term life policy be liquidated by the insured?
no there is no cash value in a term insurance policy
Can i take out a term life insurance policy then quickly sell it?
No, because Term Life insurance policy has NO cash value.
What is the purpose of a term policy?
A term policy is a form of life insurance that is the least expensive method of insuring that if one dies during the term, the money will be given to a beneficiary.
