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Because they are members of the executive branch
Answer: I would think yes.
Explanation:
the principle that all people and institutions are subject to and accountable to law that is fairly applied and enforced; the principle of government by law.
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.
Learn more about Life Settlement at:
brainly.com/question/570009
