_____________: Maximum price an investor is willing to pay for ownership interest in real property or mortgages
Fill in the blank(s) with the appropriate word(s).
Ans: Investment Value
Business
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Why do most states ban STOLI transactions?
A) Because the investor is not a domestic insurer B) Because they are not a profitable line of business for insurance companies C) Because the premiums on the policies are too high D) Because the investor, who is named as the beneficiary, does not have an insurable interest in the insured"
Business
An applicant has the right to know that the insurance company will collect certain personal information about their credit, character and reputation. The insurer may gain such information from:
A. A privacy notice. B. An application for insurance. C. A consumer report. D. A pretext interview.
Business