Jim owes $10,000 to Acme Corporation, and he pays $500 each month on - ProProfs Discuss
Topics-
Products +
     

Jim owes $10,000 to Acme Corporation, and he pays $500 each month on the loan. If he decides to take out a credit accident and health insurance policy to cover the payments if he dies or becomes disabled, the policy may not exceed what amount?

This question is part of NC State Law - Health Exam
Asked by Gohealth, Last updated: Jun 12, 2019

+ AnswerRequest Answer
...

1 Answer

Gohealth

Gohealth

Answered on Oct 02, 2018

The total amount of Jim s debt

A credit accident and health insurance policy cannot exceed the total amount of indebtedness at any given time, nor may the monthly disability benefit exceed the amount of the loans monthly payment.####
 Reply

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.