ISR3702 Assignment 1 (QUIZ) Semester 1 2023 (861940)

ISR3702 Assignment 1 (QUIZ) Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or us on . Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s dependants and nominees dispute the amount of the retirement benefits received. Which one of the following industry bodies could respond to their concerns? a. The managing body of the funds b. Pension Funds Adjudicator c. Mokoena’s employer d. Life Insurance Ombuds  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1  Dashboard Calendar Question 2 Complete Mark 1.00 out of1.00 Question 3 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s dependants and nominees were dissatisfied about the delay in the payment of the retirement benefits. Which of the following industry bodies should the dependants andnominees approach? a. Mokoena’s employer b. Pension Funds Adjudicator c. The managing body of the funds d. Life Insurance Ombud Choose the best correct conditions which result in the payment of the retirement benefits from a retirement annuity policy? a. Retirement, resignation, and death. b. Disability, retirement, and death c. Disability, divorce, and retirement d. Disability, death, and divorce  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 4 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Which one of the statements below is correct? a. The accumulated value of John’s retirement annuity policy is made up of both John’s and John’s employer’s contributions plus interest earned. b. The accumulated value of John’s retirement annuity policy is made up of John’s contributions plus interest earned. c. The accumulated value of John’s retirement annuity policy is made up of both John’s and Mokoena’s contributions plus interest earned. d. The accumulated value of John’s retirement annuity policy is made up of John’s contributions and inheritance plus interest earned.  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 5 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena and John could insure each other because the South African position which recognises a very wide legal duty to support relatives … a. is promoted by the requirement of insurable interest. b. allows one can insure the life of a relative c. does not allow one to insure the life of a relative d. is limited by the requirement of insurable interest.  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 6 Complete Mark 1.00 out of1.00 Question 7 Complete Mark 1.00 out of1.00 Question 8 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question If he were to retire immediately, John would be required to purchase an annuity product for ... a. R166 667 b. R189 060 c. R100 230 d. R83 333 Mortality tables are used when underwriting a ... policy. a. retirement annuity fund b. death c. preservation fund d. provident fund Which of the following underwriting objectives should have been achieved by the underwriting company when issuing a life policy? a. Economy b. Sustainability c. Efficiency d. Speed and time  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 9 Complete Mark 1.00 out of1.00 Question 10 Complete Mark 1.00 out of1.00 Health condition and age were considered when the insurer issued the … policy. a. death b. provident fund c. retirement annuity fund d. preservation fund Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question The … Act is applicable in the marriage between Mokoena and John. a. Marriage b. Recognition of Customary Marriages c. Recognition of Traditional Marriages d. Civil Union  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 11 Complete Mark 1.00 out of1.00 Question 12 Complete Mark 0.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question The type of marriage between John and Mokoena is … a. out of community of property with an antenuptial contract. b. out of community of property . c. in community of property. d. a same-sex marriage. Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question … will not get a share of Mokoena’s deceased estate. a. Mphahlele and Mamgcina b. Mphahlele and Tau c. Tshifularo and Sweetness d. Vhonani and John  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 13 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s maternal grandmother will be regarded as a … in the distribution of retirement benefits. a. dependant b. policyholder c. nominee d. beneficiary  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 14 Complete Mark 1.00 out of1.00 Question 15 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question The dutiable amount payable by Mokoena’s deceased estate is ... a. R3 360 000 b. R3 000 000 c. 0 d. R3 500 000 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Which of the following policies taken out by John may have a surrender value? a. Preservation fund b. Provident fund c. Retirement annuity fund d. Death  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 16 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s provident fund will be distributed by … a. Mokoena’s employer b. an insurance company c. the managing body of the fund d. an executor  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 17 Complete Mark 1.00 out of1.00 Question 18 Complete Mark 1.00 out of1.00 Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s deceased estate will be distributed … a. communally b. equally c. testate d. intestate Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question Mokoena’s death claim will be … by the insurer. a. paid b. rejected c. processed d. closed  Dashboard / Courses / UNISA / 2023 / Semester 1 / ISR3702-23-S1 / Welcome Message / Assessment 1 Dashboard Calendar Question 19 Complete Mark 1.00 out of1.00 Question 20 Complete Mark 1.00 out of1.00 Which of the following documents may the insurer need to identify the cause of death? a. Post-mortem report b. Claims notification form c. Death certificate d. Medical report Read the case study below and answer the questions that follow. Mokoena and Mphahlele are brothers, who grew up together in a child-headed family. Mokoena, through the support of the government, community members and relatives, studiedand qualified to be an accountant. Mokoena discussed further studies with Mphahlele and persuaded him to study towards a social work degree. Mphahlele, with support fromMokoena, completed his studies successfully. Tau is the child of Mokoena and Mamgcina and was born while Mokoena was completing his studies. Mokoena decided to provide financial support to two orphans until theycompleted their studies. Lastly, he provides monthly financial support to the child of their neighbour, who is struggling financially. Mokoena got married to John, who is a medical doctor, and they were advised that, legally, their type of marriage does not require an antenuptial contract. Their children are Tshifularo and Sweetness . In addition, Vhonani, the child of the deceased sister of John, is staying with Mokoena and John, and he is still at secondary school. Below are the life policies for Mokoena and John: Product Mokoena John Death policy R3 million R5 million Retirement annuity (accumulated amount) R209 070 R189 060 Preservation fund (accumulated amount) R125 050 R100 230 Provident fund (accumulated amount) R25 020 R250 090 Mokoena nominated Ludwe (Mokoena’s maternal grandmother) as a beneficiary of the death policy and preservation fund. Mokoena did not nominate beneficiaries for other policies.John nominated Vhonani as a beneficiary of the policies listed, except for the death policy. Mokoena committed suicide ten years after all his policies were incepted. Question On processing the claim, the insurer found that Mokoena had understated his age on the proposal form and in the policy document. What action should the insurer take? a. Reduce the sum assured b. Pay the current sum assured c. Declare the policy invalid and refund premiums d. Reject the death claim