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Kaylis [27]
3 years ago
7

Fred bought life insurance five years ago. He forgot to tell them that he had a heart condition, and, as a result of that condit

ion, he recently died. Which of the following provisions prevents the life insurance company from refusing to pay his beneficiaries because of his original fraudulent misrepresentation?
a. Incontestability clause
b. Misstatement of age provision
c. Naming a beneficiary
d. Policy reinstatement
e. The grace period
Business
1 answer:
Readme [11.4K]3 years ago
6 0

Answer:

<h2>The answer, in this case, would be option a. or Incontestability clause.</h2>

Explanation:

  • In the context of life insurance provision, incontestability clause basically refers to the prevention of the denial of insurance service by the insurer on ground of falsification or fraudulent misrepresentation of relevant fact or information in the insurance application.
  • Incontestability clause is officially applicable following the effective implementation of the insurance policy at least for a particular time period, which is usually considered to be two to three years.
  • The clause is commonly applicable in the case of life and health or medical insurance policies.
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Webster Corporation's monthly projected general and administrative expenses include $5,000 administrative salaries, $2,400 of ot
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Answer:

The total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

Explanation:

The computation of total general and administrative expense is shown below:

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Hence, the total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

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Outline the initiatives that Woolworths use to lessen their impact on the environment​
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The initiatives that Woolworths use to lessen their impact on the environment​ - RECYCLING

we're committed to lowering the quantity of waste we send to landfill, recycling what we will and the usage of recyclable materials wherein we can. a number of THE ways we are RECYCLING TO reduce WASTE: RECYCLED PLASTIC: the whole lot in our shops from trolleys to signage is made from recycled substances.

1. ENERGY

We want to lessen the negative affects of weather exchange. That’s why we’ve made a commitment to the usage of power efficiently and decreasing our carbon footprint.

HERE'S HOW WE'RE SAVING ENERGY

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We want to ensure future generations will still be able to enjoy clean, fresh water. That's why we’re actively working to use water responsibly   – in our own operations and those of our suppliers.

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5 0
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3. Why accrue an expense?
statuscvo [17]
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8 0
2 years ago
contractor decided to bid for a major commercial project. The total price of her bid is $10 million. Estimate the total cost of
IRINA_888 [86]

Answer: $150,000

Explanation:

The total cost of estimating and preparing the bid would normally fall between 1% and 2% of the total price of the bid.

It would therefore be best to use an average rate of these:

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The estimate will therefore be:

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