Spring Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

Lisa owns a busy and successful healthcare company, Health Inc.

IFSE Institute LLQP Full Course Access
IFSE Institute LLQP View All Questions

Lisa owns a busy and successful healthcare company, Health Inc. She started the business right out of nursing school all on her own, but recently has been working as the Chief Operating Officer in an office environment, with very little direct interaction with clients. Most of their sales and therefore profits come from their senior account manager, Leslie.

Because of her financial importance to the business, Lisa would like to place life insurance coverage on Leslie, owned by Health Inc.

In what scenario could Health Inc., as the applicant, take out a life policy on Leslie's life, even though she is not the owner?

A.

Leslie must hold ownership in Health Inc.

B.

An application can be taken out on anyone's life, as long as they are insurable.

C.

Health Inc. must have insurable interest in relation to Leslie.

D.

Leslie must be part of Lisa's family for insurable interest to exist.

LLQP PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now LLQP pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
Harold is a 66-year-old retired school bus mechanic.
Donald finds out from his doctor that he only has about 10 months to live.
Previous