In a case in the text involving the legality of a life insurance policy, the Louisiana appellate court
followed the majority rule that holds, as a matter of public policy, that a beneficiary named in a
life insurance policy is not entitled to the
proceeds of the insurance if the beneficiary feloniously
kills the insured.
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
Use the information provided in Table 6.1 to complete the pro forma income statement and balance sheet for J. W. Bracken Inc
What will be an ideal response?
Business
If a bond's required return always equals its coupon interest rate, the bond's value will remain at par until it matures
Indicate whether the statement is true or false
Business