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1. The policy loan provision allows the policyholder to borrow the cash value at a specified rate of interest stated in the policy. What are

1. The policy loan provision allows the policyholder to borrow the cash value at a specified rate of interest stated in the policy. What are the pros and cons of this aspect of a life insurance policy?

a. The purchase of life insurance has certain elements/frameworks to use. What are the rules that should be followed when shopping for life insurance:

b. There are both advantages and disadvantages to the traditional IRA and the Roth IRA. List out the major differences between the two

c. State vs. Federal Legislation, describe some of the major differences between the two, pros and cons.

d. Describe the Legal Requirements for the Formation of a Valid Insurance Contract?

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Answer the following question: 1. The policy loan provision allows the policyholder to borrow the cash value at a specified rate of interest stated in the policy. What are the pros and cons of this aspect of a life insurance policy? a. The purchase of life insurance has certain elements/frameworks to use. What are the rules that should be followed when shopping for life insurance: b. There are both advantages and disadvantages to the traditional IRA and the Roth IRA. List out the major differences between the two c. State vs. Federal Legislation, describe some of the major differences between the two, pros and cons. d. Describe the Legal Requirements for the Formation of a Valid Insurance Contract

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