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Life Insurance
Life insurance refers to a contract between the insured and the insurer, where the latter agrees to pay a beneficiary a specific amount of money upon the death of the insured.
5,531 Questions
How sum under consideration is calculated in life insurance?
Sum under consideration in life insurance is actually the amount of risk the company is taking in insuring a particular life- technically there are two types, financial SUC and medical SUC- the financial SUC iscalculated as the sum total of sum assured covered on a life under all policies with the company- while the medical SUC calculation varies according to the produxct chosen as well as the time elapsed since the date of inception of the earlier policies.
Why might life insurance companies want to know your genetic results?
In theory, an insurer may be interested in genetics because it could be a predictor of future health problems resulting in premature death. Because a life insurance policy pays upon the death of the insured, the insurer may be interested in knowing whether an applicant has a genetic predisposition to early death.
That said, insurance generally, including life insurance, works upon a principle called the "law of large numbers". Essentially, this means that because the insurer insures many people/entities and takes on many risks, the occurrence of one or a few ordinary covered losses will not make a great deal of difference.
Because insurance is a regulated industry, for reasons of public policy, many states disallow insurers from considering certain genetic conditions in deciding whether or not to issue a policy. An example is genetic conditions that are particular to certain racial groups.
What do life insurance companies check for when taking a urine and blood sample?
Everything health related and drug related. Cholesterol, cancer, Hep, Nicotine, etc. There are some companies available that do not do any testing. 4lifeguild
It means happy, joyous, vigorous, looking for the next challenge -
What is the defenition of conscience?
Conscience is an individual's inner sense of what is right or wrong, influencing behavior and guiding moral choices. It involves a person's moral judgments and feelings of guilt or remorse when they believe they have acted in a way that conflicts with their moral values.
Equals the gross primary productivity minus the respiration rate of producers?
Net primary productivity is the amount of energy that remains in an ecosystem after accounting for the energy used by producers (plants) for respiration. It is calculated by subtracting the respiration rate of producers from the gross primary productivity. This remaining energy is available for consumers in the ecosystem to use for growth and reproduction.
An Optionally Renewable Policy is a contract of health insurance in which the insurer reserves the right to terminate the coverage at any anniversary or, in some cases, at any premium due date, but does not have the right to terminate coverage between such dates.
What is the definition of a no life?
Death means the absence of vital functions.Death is diagnoosed by permenant sessation of heart beat.Brain death is defined as permanent functionall death of the centers in the brain stem that control breathing,heart rate,and other vital reflexes.
In India, there are numerous insurance companies available for providing you both online and offline insurance policies. You will get your policies from these insurance companies. If you want your policies by comparing, then go for an online third-party insurance provider company cause these companies are offering to compare insurance policies with many insurance providers and you will get the best policy at an affordable price rate.
Renew two-wheeler insurance online in India. gibl.in/two-wheeler-insurance/
If a beneficiary dies first and then the insured dies which relatives of whom inherits?
If a beneficiary dies before the insured, their share typically goes back into the insured's estate and is distributed according to their will or state intestacy laws. The relatives who inherit would depend on the insured's estate plan or the laws of the state where they reside.
Why is rain made out of water?
A real answer: Rain is water because rain is made of what evaporates into the air.
Once it evaporates the stuff that isn't water does not condense into water. SO thing like gasoline change into CO2
When the waqter condenses it form clouds When the clouds get large and dense enough it rains
A2. Water evaporates from the surface of the liquid, and this evaporated bit is called water vapour.
This is a gas, and is invisible, and is able to rise in the air, for H2O as a molecule, weighs less than O2 or N2, the other main components of the air. Since it is a gas, diffusion also helps.
As the air becomes less dense with altitude, the water vapour is even more easily able to expand and rise.
Eventually, however, the air at higher altitudes becomes cold, and this will result in the water vapour condensing out as water molecules - just tiny droplets at first, quite like a fog. This we see in the sky, and know as a cloud.
If the temperature drops more, then more and more of the water vapour will condense into droplets, and these will soon bump into each other and form bigger droplets. Eventually these droplets will no longer be buoyant in the air, and will fall as rain. If there is turbulence in the cloud, this will also increase the rate of droplets joining.
Thus these droplets will fall down due to the force of gravity. And we feel it as rain.
If the rain drops become too big (greater than c10mm) then the droplet will fall faster, and the wind of their passage will tear them apart. Raindrops much larger than 10mm are very rare.
What do you do when you find out your husband has been living a double life?
The first thing I suggest is that you get a very good therapist. He or she will be able to help you sort out all of your feelings and they will help guide you on what you decide to do. There really isn't an easy, cut and dry answer. On a personal note, if it was me I would leave him, even if we had children together. It would impossible for me to ever trust him again, no matter what he promised. I would also contact the other woman to let her know about me. I wouldn't get to involved with her or talk about everything with her, but it isn't fair for her to not know, she is just as innocent.
Can I take my Life Insurance exam in Spanish?
This depends on the regulations set by the organization or institution administering the Life Insurance exam. It's best to contact them directly to inquire about the language options available for taking the exam.
How do you find out if you have a life insurance policy?
One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.
How do you file a claim for southland life insurance company dallas tx?
You can file a claim with Southland Life Insurance Company in Dallas, TX by contacting their claims department directly. You will typically need to provide information about the policyholder and the details of the claim, such as the date of death or the nature of the claim. It's recommended to have the policy documents and any other relevant information on hand when filing a claim.
What is the probationary period in life insurance?
A probationary period in life insurance is a specified period of time at the beginning of a policy during which coverage for certain health conditions may be limited or excluded. It allows the insurance company to assess the applicant's health risk before providing full coverage. Once the probationary period has passed, coverage typically becomes comprehensive.
When was the third party beneficiary introduced in basic policy?
The third-party beneficiary doctrine was introduced in basic policy in the mid-1800s, as a way to protect the rights of individuals who were not direct parties to a contract but were intended to benefit from it. It allows such third parties to enforce the contract if the parties intended for them to benefit from it.
What is my state life insurance policy status?
The question may seem foolish without providing the details of policy No., name of Insurance Company, branch code etc. and there are various ways to know the status by visiting the site of the Insurance Co. or physically visiting the branch to collect the Status Report of your policy.
How many questions are on the life insurance only test California?
The California Life Insurance Only test consists of 52 questions.
What was the policy of deterrence?
Deterrence was a Cold War strategy employed by the United States and Soviet Union to prevent nuclear war through the threat of massive retaliation. The idea was that both sides would refrain from attacking each other out of fear of the devastating consequences. This policy aimed to maintain peace by maintaining a balance of power and instilling fear of mutual destruction.
What is Texas passing score for life insurance exam?
The passing score for the Texas life insurance exam is 70%. This means that you need to answer at least 70 out of 100 questions correctly in order to pass the exam.
Can a step daughter purchase life insurance on a step father?
Yes, a stepdaughter can purchase life insurance on her stepfather, as long as he is willing to sign the application as the insured, and is willing to undergo a physical exam, which the insurance company will pay for.
How can you get info about a policy issue to you in l973 from Southern Life?
To obtain information on a policy issue from Southern Life in 1973, you would need to contact their customer service department or visit one of their branch offices. You could also check their website or reach out by mail for information on the policy issue you are interested in from that time period.
Sure you can. Depending on the type of misdemeanor you may have to pay a slightly higher rate but it will probably have little effect on either of the insurance rates or ability to obtain the policy.
Can the daughter of the beneficiary be a witness to will?
It is generally recommended to avoid having a beneficiary or their close family member act as a witness to a will to avoid any potential conflicts of interest or challenges to the validity of the will. It is best to choose independent witnesses who do not stand to benefit from the will.
