Due to a large inheritance, a Life Insurance policy owner no longer requires the policy and agrees to sell it to a third party for more than its cash value. This type of transaction is called a Life Settlement.
<h3>What is the Purpose of a Life Settlement Contract?</h3>
The Life Settlement Contract is simply a contract that transfers the insurance cover afforded by the Life Insurance Policy form one person to another.
The life assured of the new holder of the policyholder becomes eligible to receive the benefits of the policy when the insured dies while the policyholder takes responsibility for payment of premiums.
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Answer:
1)-Form in which trials are conducted, heard and judged or acts of forced execution carried out. 2. Set of rules that must be respected for the recognition of certain rights or the settlement of certain legal situations (inheritance, partitions, licitations, etc.).
2)-Due process, due process. In this sense, the procedure will aim to guarantee the fairness of the justice system without touching the merits of the law. It is in this perspective that the distinction is drawn between the rules of procedure - the rules of form - and the substantive rules.
Explanation:
these are all forms of laws but they apply differently.
Answer:
J. W. Gamble filed suit against W.J. Estelle because he was the Director of the Texas Department of Corrections and most responsible for the level of medical care afforded prisoners
Explanation:
It would be a war ;) hope I helped !!!
