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Len [333]
2 years ago
9

How must a replacing producer response to an applicant wishing to replace existing life insurance?

Business
1 answer:
lidiya [134]2 years ago
8 0

The producer must provide notice regarding the replacement of life insurance.

A life insurance policy is a contract between a policyholder and an insurance company or insurance company, in which the insurance company promises to pay an amount to a specified beneficiary upon the death of the insured. Depending on the contract, other events B. Terminal or critical illness trigger payment

Life insurance is a contract between a policyholder and an insurance company, and can be defined as a promise by the insurer to pay a certain amount of money in exchange for a premium upon the death of the insured or after a certain period of time. .

Learn more about life insurance here:brainly.com/question/1373572

#SPJ4

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Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)
Marat540 [252]

Project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.

<h3>What is a project?</h3>

It should be noted that a project is an activity that's engaged in to achieve a particular goal.

In this case, project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.

Learn more about projects on:

brainly.com/question/6500846

#SPJ1

5 0
2 years ago
Penny Smooth, a U.S. trade negotiator, is using which conflict resolution technique if she makes the following statement to the
otez555 [7]

Answer:

E) Superordinate goals

Explanation:

Superordinate goals refers to goals that in order to be achieved, require that opposing or confronting sides of a negotiation process start to work together. Penny must be able to break down barriers in order to encourage people on opposite sides to view each other as people wanting to work and a company trying to do business, instead of someone or some group that we just dislike. That is essential for overcoming the differences that exist between both groups.

3 0
3 years ago
Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals
Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

3 0
4 years ago
Rina is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Rin
Ksju [112]

The basic principle of individual choice which these statements best illustrate is:

  • B. People face trade-offs

<h3>What is Choice?</h3>

This refers to the ability of a person to make selections based on what he wants and what he can purchase.

With this in mind, we can see that Rina is training for a triathlon and because of this, she undergoes rigorous training and she makes use of her time effectively and this is an example of People face trade-offs

Read more about choices here:
brainly.com/question/25823499

6 0
3 years ago
You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t
liraira [26]

Answer:

Total PV= $15,103.49

Explanation:

Giving the following information:

Cf1= 4,500

Cf2= 5,700

Cf3= 8,000

Discount rate= 9%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV= FV/(1+i)^n

Cf1= 4,500/(1.09)= $4,128.44

Cf2= 5,700/1.09^2= $4,797.58

Cf3= 8,000/1.09^3= $6,177.47

Total PV= $15,103.49

3 0
3 years ago
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