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Other Fields Homework Help Management Topic started by: medulla on Jun 2, 2017



Title: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: medulla on Jun 2, 2017
Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in 2008. Two years later they get divorced and Tiffany immediately remarries. Saul is not required to pay any alimony or child support to Tiffany after the divorce. In 2015, Saul dies. What will Tiffany collect on the life insurance policy, assuming she continued to pay all premiums due following their divorce?
A) $0, because Tiffany has no insurable interest
B) $1,000,000, because Tiffany had insurable interest in Saul's life when the policy was purchased
C) $1,000,000, because Tiffany had insurable interest in Saul's life at the time of his death
D) $0, because Saul was not ordered to pay alimony to Tiffany


Title: Re: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: jameel on Jun 2, 2017
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Title: Re: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: nmnf on Oct 9, 2019
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Title: Re: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: smithse6 on Dec 19, 2020
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Title: Re: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: annaaschmidttt on Feb 8, 2021
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Title: Re: Tiffany, who is married to Saul, takes out a $1,000,000 life insurance policy on Saul's life in ...
Post by: Tiannan Xiao on Feb 9, 2021
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