What could be the possible moral hazard insuring a soul at age 89 have an offshore trust reason?
The proposed insurance coverage is $100M in a Universal Life Insurance Policy
Answers:
An offshore trust account isn't an insurance product, but it clearly indicates the intent of the character to swindle the government of income taxes due.
So now we know the soul is a swindler.
I'm not sure how much bearing that would have on a duration insurance policy, as no doubt, at that age, the life insurance would expected cost about $100M.
The offshore trust account is irrelevant. Actually the complete question is irrelevant because you'll never find an insurer who's going to insure an 89 year old for $100 million.
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Answers:
An offshore trust account isn't an insurance product, but it clearly indicates the intent of the character to swindle the government of income taxes due.
So now we know the soul is a swindler.
I'm not sure how much bearing that would have on a duration insurance policy, as no doubt, at that age, the life insurance would expected cost about $100M.
The offshore trust account is irrelevant. Actually the complete question is irrelevant because you'll never find an insurer who's going to insure an 89 year old for $100 million.
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