Grace period allows an insured's life insurance policy to remain in force even if the premium was not paid on the due date.
<h3>
What is grace period?</h3>
A life insurance policy won't lapse during the grace period even though a payment is past due after a missed insurance premium is due. Every state in the US requires the grace period, a highly helpful provision, to be included in every life insurance policy. Depending on the rules of each state, the minimum grace period is from 28 to 31 days; however, some businesses may grant extended grace periods.
When the required number of days have gone, the grace period formally ends at the close of business on the day the missing premium payment is due. The grace period in a whole life, universal life, or variable universal life policy would only be applicable if the premium payment was past due and there was no cash value left in the policy. It is unlikely that a policy will enter "grace period status" if a premium payment is missed if cash value is still present as long as it may be utilised to pay the premium or at the very least draw a loan to pay the premium.
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Answer:
The correct answer is Conflict.
Explanation:
Ethical conflict, is all conflict of values, that is when contradictory values come into play when faced with the need to make a decision.
As examples we have, the construction of a dam that will allow to provide electricity to a region, but implies pollution or destruction of the environment; having an abortion is a moral problem, practicing a woman abortion is an ethical problem; stealing is a moral problem, defining punishment is an ethical problem; Euthanasia is a moral problem, defining who should apply is an ethical problem.
Conflict ethics means assuming values and attitudes that men can share and defend all. It implies achieving a code of conduct of mutual responsibility that takes into account the effects of what we do, both in the present and in the future; This conflict ethic needs the defense of values that involve men, nature and the world, which strengthens respect for life and freedom.
Answer:
formatting or editing because that is where you can change how something is placed or appears in the document.
The training for new employee is important and should include all the relevant information about the company and the role of the individual.
<h3>What is a Training?</h3>
Training is a process in which the participants are taught, training can be of many types on job training and off job training. The training can have different and relevant subjects.
Training is a good motivating factor, it improves job satisfaction and reduces employee turnover.
The training for new employee should include the company values and vision along with the culture it have and encourage the new joiner to have the same kind of culture and mindset so that the new employee fits in the environment of the company.
The training can be such that it explains the managerial role and the techniques to reach the top, the training encourages study and motivates the employees to work hard.
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