The creation of life insurance plan from the help of internet. Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Question

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Answer 1

Question

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

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4. On August 20, Mr. and Mrs. Cleaver decided to buy a property from Mr. and Mrs. Ward for $105,000. On August 30, Mr. and Mrs. Cleaver obtained a loan commitment from OKAY National Bank for an $84,000 conventional loan at 5 percent for 30 years. The lender informs Mr. and Mrs. Cleaver that a $2,100 loan origination fee will be required to obtain the loan. The loan closing is to take place September 22. In addition, escrow accounts will be required for all prorated property taxes and hazard insurance; however, no mortgage insurance is necessary. The buyer will also pay a full year's premium for hazard insurance to Rock of Gibraltar Insurance Company. A breakdown of expected settlement costs, provided by OKAY National Bank when Mr. and Mrs. Cleaver inspect the uniform settlement statement as required under RESPA on September 21, is as follows: I. Transactions between buyer-borrower and third parties: a. Recording fees--mortgage b. Real estate transfer tax c. Recording fees/document…

Answer 2

Question

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

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Answer 3

Question

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

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Answer 4

Question

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

Answer 6

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

Answer 7

Chapter 12, Problem 12.1PQ1

Summary Introduction

To explain:

The creation of life insurance plan from the help of internet.

Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Answer 8

Expert Solution & Answer

Answer to Problem 12.1PQ1

Solution:

There are various kinds of help provided by internet:

Comparison facility,
Availability of registration facility,
Online excess of plan,
Availability of feedbacks

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

There are many things in which the internet helps to create life insurance plan.

Before taking the life insurance policy, it is important to analyze the various financial plans available in the market.
After decide the plan, there are application forms are available on the website for the registration of policy.
One can easily access online his plan accordingly.
The feedbacks of the policy also can be easily available on the website through which the plan performance can be analyzed easily.

Thus, the various kinds of help provided by internet to create life insurance plan are comparison facility, availability of registration facility, online excess of plan and availability of feedback.

Answer 12

Ch. 12 - Prob. 12.1PQ1 Ch. 12 - Prob. 12.1PQ2 Ch. 12 - What is the principle of life insurance?Ch. 12 - Prob. 12.1PQ4 Ch. 12 - Prob. 12.2PQ1 Ch. 12 - Prob. 12.2PQ2 Ch. 12 - Prob. 12.2PQ3 Ch. 12 - Prob. 12.3PQ1 Ch. 12 - Prob. 12.3PQ2 Ch. 12 - Prob. 12.3PQ3

The creation of life insurance plan from the help of internet. Introduction: Life insurance refers to that insurance which provides coverage to the family of insured person who died due to uncertainty. The life insurance provide a financial coverage and one should not connect it with emotions.

Answer to Problem 12.1PQ1

Explanation of Solution

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Chapter 12 Solutions