Bank of Nova Scotia (NYSE:BNS) posted its earnings results on Tuesday, February, 28th. The company reported $1.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.57 by $0.38. The business had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.89 billion.
Policies are most valueable and most likely to be purchased when. 1  The policy holder is 60+ years old. 2  The policy holder has health impairments. 3  The face amount of the policy is $100,000.00+.
Insurance companies must pay the proceeds of the life insurance policy to the beneficiary within two months of receiving proof of death and verifying the beneficiary. For an individual life policy, the company must also pay interest on a death benefit from the time the company receives the proof of loss statement to the time the company accepts the claim and offers to pay the death benefit.