Padilla told the Philippine Daily Inquirer in a separate interview that the administrative lapses
were a 'possibility because the BOI still has recommendations to further look into the accident at the level of all our inits and major services.
The unintentional lapse
feature requires that the insurance company provide the opportunity for the policy owner to set up an authorized representative, or third party contact.
The matching percentage declines as the lapses
get older, but even 10+ year lapses
can match up to 20 percent.
There are two reasons for this: (1) brokers financially benefit from statutory lapses
(tied agents do not), and (2) this age group is more mobile due, in general, to smaller financial losses in case of statutory lapse
(compared to older age groups).
The right to reside in Denmark will lapse
unless doing so would conflict with Denmark s international obligations.
Mistakes occurring due to such short-term lapses
can become a hazard in cases where, e.
As companies were trying to conserve as much of their term business at adequate margins as possible, policyowners can be expected to make the logical, if not obvious, decision to either let their policies lapse
, convert to permanent insurance or continue on with the coverage for at least a limited time period.
RATES for whole life plans were down in 2003 and 2004, according to a joint study sponsored by LIMRA International, Windsor, Conn.
Hill, Kelley, Agle, Hitt, & Hoskisson, 1992) demonstrates that addressing such questions requires identifying as full a range of organizational ethical lapses
As illustrated in this study, lapses
in data transmission occur during initial deployment of automated reporting systems.
The FAA security personnel have been ordered by US Transportation Secretary Norman Mineta to crack down on security lapses
at airport screening checkpoints, Reuters reported.
To obtain an annual gift tax exclusion for property subject to a withdrawal power, Revenue Ruling 81-7 (1981-1 CB 474) requires that the powerholder must be given notice of the power and a reasonable time within which to exercise the power before it lapses