Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Ins > Exam 3 > Flashcards

Exam 3 Flashcards

1
Q

Which best describes pure life annuity settlement option

Pure life provides payments for as long as annuitant is alive

Pure life guarantees that all proceeds will be paid out

Benefits are paid for a fixed period of time specified when policy begins to pay

A

Pure life provides payments for as long as the annuitant is alive

Will only pay for as long as annuitant lives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

An insured owns a 50000 whole life policy. At 47 insured decides to cancel policy and exercise extended term option for policy’s cash value which is 20000. Face amount?

20000
50000
Determined by insurer

A

50000

Face of term policy would be same as face amount provided under whole life policy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which will be appropriate for parent buying policy on child

Third party ownership
Family term rider

A

Third party ownership

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Which’s derives pure life annuity settlement

Pure life provides payments for as long as annuitant is alive

Pure life guarantees all proceeds are paid out

A

Pure life provides payments for as long as annuitant is alive

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Because ins policy is a legal contract must require following except

Legal purpose

Conditions

A

Conditions

Part of policy structure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Insuring clause of a disability policy usually sates all except

Method of premium payment
Identities of ins company and insured

A

Method of premiums payment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Beneficiary wants guarante that all b energy’s paid from principal and interest would be paid for a period of 10 years before being exhausted

Fixed amount

Fixed period

A

Fixed amount

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Federal fair credit act

Regulates consumer reports

Protects customer privacy

A

Regulates consumer reports

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Gramm leach Bailey

Protect private customer info filed with fincnaicla institution

Allow ins companies access to medical info for underwriting purposes

A

Protect private customer info filed with fincnaicla institution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Which describes taxation of individual disabilit income ins premiums and benefits

Premiums are not tax deductible and benefits are not taxable

Premiums are not tax deductible but befnits are taxable

A

Premiums are not tax deductible and benefits are not taxable

Disability tax= not not

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

When policy is surrendered for its cash value

Policy can be converted to term coverage

Coverage Ed’s and policy cannot be reinstated

A

Policy can be converted to term coverage

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Following qualified as dependent under dependent care flexible spending acct except

Jeremy had to have both legs amputated but has learned how to take care of himself and get around

Joe was paralyzed from neck down in a car accident and is cared for by his wife

A

Jeremy had to have both legs amputated but has learned how to take care of himself and get around

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Death benefit in a variable universal life policy

Always equals face amount stated in policy

Depends on performance of separate account

A

Depends on performance of separate account

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Purpose of settlement options

Provide beneficiary with income to end of beneficary’s life

Determine how death proceeds will be paid

Guarnatees built into policy

A

Determine how death proceeds will be paid

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Which Nonforfeiture option provides coverage for longest period of time

Reduced paid up

Paid up option

A

Reduced paid up

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

All true re installments for fixed period annuity settlement EXCEPT

Is a life contingency option

Payments are not guaranteed for life

A

Is a life contingency option

Fp NOT contingency fpc

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Name of clause included that eliminates benefit if insured dies a s result of war or while serving in military

Hazardous occupation

War or military service

A

War or military service

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Which of following polices have irs required corridor gap between cash value and death benefit

Universal life option a

Universal life option b

A

Universal life option a

Corridor a please

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Disability probationary period refers to the time

During which illness related disabilities ar excluded from coverage

Between the first day of disability and the actual receipt of payment fro the disability incurred

A

During which illness related disabilities ar excluded from coverage

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Which statement accurately describes group disability income ins

There are no participation requirements for employees

The extent of benefits is determined by insured’s income

A

The extent of benefits is determined by insured’s income

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Not cause the death benefit to increase

Payor benefit rider

Guaranteed insurability rider

A

Payor benefit rider

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Minimum number of credits required for partially insured status

6 credits

40 credits

A

6 credits

Pi6

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Two terms directly related with premium

Level or flexible

Renewable or convertible

A

Level or flexible

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Benefit of choosing extended term as a onfortfeiture option

Allows for coverage to continue beyond maturity date

Has the highest amount of ins protection

A

Has the highest amount of insurance protection

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Determined whether disability ins benefits are taxed

Contract provisions

Whether the premiums were tax deductible

A

Whether the premiums were tax deductible

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Denied ins bc of info found on consumer report. Which requires company supple applicant with name and address of consumer reporting company

Consumer privacy act

Fair reporting act

A

Consumer privacy act

Dicrcp

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Guaranteed renewable health ins policy allows

Policyholder to renew policy to a stated age with company having right to increase premiums on entire class

Insurer to renew the policy to a specified age

A

Policyholder to renew policy to a stated age with company having right to increase premiums on entire class

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

All correct about equity index annuities except

Annuitant receives fixed amount of return

They have a guaranteed minimum interest rate

A

Annuitant receives as fix amoun of return

Eifar

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Guaranteed renewable disability ins policy

Renewable at insured’s option to a specified age

Guaranteed to have a level premium for the life of the policy

A

Renewable at insured’s option to a specified age

Gr=sa

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Insurer issues an individual health ins policy that is guaranteed renewable insurer agrees

To renew tha policy until the insured reaches 65

To renew the policy indefinitely

A

To renew tha policy until the insured reaches 65

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Concerning dividends all true except

Dividend amounts are guaranteed in the policy

Lower ins company costs generate higher dividends

A

Dividend amounts are NOT guaranteed in the policy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Correct regarding group ins

Employer is policyholder

Each employee receives a policy

A

Employer is policyholder

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

What is purpose of disclosure statement in life ins policies

To explain features and benefits of proposed policy to consumer

To protect agents and insurers against lawsuits

A

To explain features and benefits of proposed policy to consumer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

Nature of aleatory

Exchange of unequal values

Only one of parties being legally bound by contract

A

Exchange of unequal values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

Ownership provision entitles the policyowner to do all except

Set premium rates

Rec a policy loan

A

EXCEPT Set premium rates

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

Which is not true re life with guaranteed minimum annuity settlement option

Does not guarantee that entire principal amount will be paid out

Payments can be made in installments as a single cash refund

A

Does not guarantee that entire principal amount will be paid out

IT DOES

Gmadng

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

Which Nonforfeiture option does company pay surrender value and have no obligations

Extended term

Cash surrender

A

Cash surrender

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

Pure life income is payable by company

Only for life of annuitant

For as long as either annuitant or named beneficiary is alive

A

Only for life of annuitant

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

Which correct re relationship between Medicare and hmo

Hmo may pay for services not covered by Medicare

Hmo do not pay for services covered by Medicare

A

Hmo may pay for services not covered by Medicare

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
40
Q

Level term ins provides a level death benefit and a level premium during policy; if renewals at end of specified period of time policy premium will be

Adjusted to insured’s age at time of renewal

Based on issue age of insured

A

Adjusted to insured’s age at time of renewal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
41
Q

All true re decreasing term policy except

Death benefit is 0 at end of policy term

Payable premium amount steadily declines throughout duration of contract

A

Payable premium amount steadily declines throughout duration of contract

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
42
Q

Which is not true re variable universal life policy

Cash values are not guaranteed

Death benefit is fixed

A

Death benefit is NOT fixed

Vuldb

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
43
Q

All true about group disability income ins except

Coverage applies both on and off job

Longer waiting period lower premium

A

Coverage applies both on and off the job

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
44
Q

Advantage of reinstating policy instead of applying for new one

Cash values have gained interest while policy was lapsed

Original age is used for premium determination

A

Original age is used for premium determination

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
45
Q

If consumer requests additional information concerning an investigative consumer report how long does insurer or reporting agency have to comply

5 days

3 days

A

5 days

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
46
Q

In all health care plans under Aca how many essential benefit categories are there

10

5

A

10

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
47
Q

Hmo cancelled for non payments ..how long of notice must insurer give insured

30 days

45 days

A

45 days

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
48
Q

Which of following health ins plans does not require insured or pay deductible

Hmo

Major medical

A

Hmo

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
49
Q

Publishes intimidating brochures. Which best describes

Illegal under any circumstances

Illegal until d endorsed by guaranty association

A

Illegal under any circumstances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
50
Q

How much notice provided to insurer prior to suspending insuer’s certificate of authority

10 days

30 days

A

10 days

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
51
Q

Completed 35 hours of continuing education in one renewal period how many hours will have it complete in next renewal period

24

35

A

24

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
52
Q

Which would be beneficiary in credit life ins

Borrower

Creditor

A

Creditor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
53
Q

On advert, company claims that it has funds that are not available for payment of losses or claims. Company is guilty of

Misrepresentation

Rebating

A

Misrepresentation

54
Q

All could be rebates if offered except

An offer of employment

Dividends from mutual insurer

A

Dividends from mutual insurer

55
Q

Holds certificate of authority in state it transacts business is

Certified insurer

Authorized insurer

A

Authorized insurer

56
Q

Not required on an illustration used in sale of life ins

Generic name of policy

Name of primary and secondary beneficiary

A

Name of primary and secondary beneficiaries

57
Q

What do agents represent

Department of ins

Ins company

A

Ins company

58
Q

True regarding key employee disability except

Premiums are not tax deductible for employer

Benefits are taxable to the employer

A

Benefits are taxable to the employer

THEY ARE NOT

59
Q

Fixed in fixed annuity refers to all except

Death benefit

Guaranteed rate of interest

A

Death beenfit

60
Q

60 year old participant in 401k takes distribution and rolls i over to an ira within 60 days. Which is true

No taxes due since plan participant is over 59.5

Amount of distribution is reduced by amount of 20% holding tax

A

Amount of distribution is reduced by amount of 20% holding tax

61
Q

Employee becomes insured under a ppo plan provided by his employer if insured decides to go to physician who is not a ppo provider which of following happens

Ppo will pay reduced benefits

Ppo will pay same benefits as if insured had seen a ppo physician

A

Ppo will pay reduced benefits

62
Q

If insured withdraws a portion of face amount in form of accelerated benefits bc of terminal illness how will that affect payable death benefit from policy

Death benefit will be smaller

Death benefits will be larger

A

Death benefit will be smaller

63
Q

Association could buy group ins for its members if it meets all of following requirements except

Is contributory

Has at least 50 members

A

Has 50 members

64
Q

Benefits for individual disability plans are based on

Flat amount

Percentage of worker’s income

A

Flat amount

65
Q

All of following are true regarding ins policy loans except

Policy owners can borrow up to full amount of their whole life policy’s cash value

Policy loans can be mad eon policies that do not accumulate cash value

A

Policy loans can NOT be made on policies that do not accumulate cash value

66
Q

Let distinction between variable whole life and variable universal life products

Variable universal life is regulated solely through Finra

Variable whole has guaranteed death benefit

A

Variable whole has guaranteed death benefit

67
Q

Which of following organizations are practicing providers compensated on fee for service basis

Hmo

Ppo

A

Ppo

68
Q

Characteristic does not describe managed care

High quality care

Unlimited access to providers

A

Unlimited access to providers

69
Q

Section of health policy that states causes of eligible loss under insured is assumed to be disabled is the

Insuring clause

Probationary period

A

Insuring clause
Clic

70
Q

Insuring clause of disability policy states all of following except

Method of premium payment

Identities of ins company and insured

A

EXCEPT Method of premium payment

71
Q

Disability policy: probationary period refers to the time

During illness related disabilities are excluded from coverage

Between the first day of disability and actual receipt of payment for disability incurred

A

During illness related disabilities are excluded from coverage

72
Q

Insured has chosen joint and 2/3 survivor as settlement option. What does this mean to the beneficiaries

Surviving beneficiary will continue recg 2/3 of benefit paid when both benefits paid were alive

One of the beneficiaries will rec 1/3 and other 2/3 of proceeds when insured dies

A

Surviving beneficiary will continue recg 2/3 of benefit paid when both benefits paid were alive

73
Q

For individual who’s is eligible for Medicare at age 65 who is still employed and covers under employer’s plan which is true

Employer plan is secondary coverage; Medicare is primary coverage

Employer plan is primary coverage and Medicare is secondary coverage

A

L

74
Q

Consumer requests additional info concerning investigative consumer report how long insurer or reporting agency have to comply

5 days

10 days

A

5 days

75
Q

Which Nonforfeiture option provides coverage for longest period of time

Extended term

Reduced paid up

A

Reduced paid up

76
Q

All about equity index correct except

Interest rate is tied to an index such as standard and poor 500

Annuitant recs a fixed mount of return

A

Annuitant revives a fixed amount of return
THEY DO NOT

77
Q

Under straight life annuity if annnuitant dies before principal amount is paid out beneficiary will rec

Nothing payments will cease

Guaranteed minimum benefit

A

Nothing payments will cease

78
Q

Fixed annuities provide all except

Hedge against inflation

Minimum guarantee rate of interest

A

Hedge against inflation

79
Q

Noncontributory group disability income plan has 30 day elimination period and offers benefits of 2000 a month. If Emp is unable to work for 7 months due to covered disability Emp will rec

12000 all of which is taxable

14000 all of which is taxable

A

12000 all of which is taxable

80
Q

Under pure life annuity income is a payable by company

Only for life of annuitant

For as long as either annuitant or named beneficiary is alive

A

Only for life of annuitant

81
Q

Advantage of qualified plans to employers is

Tax free earnings

Tax deductible contributions

A

Tax deductible contributions

82
Q

Client has new individual disability income policy with a 20 day probationary period and a 30 day elimination period . Ten days later client breaks legs nd off work for 45 days. Disability pays for how many days

45
15

A

15

83
Q

Which is not true re life with guaranteed minimum annuity settlement option

Is a life contingency option

Does not guarantee that entire principal amount will be paid out

A

Does not guarantee that entire principal amount will be paid out

IT DOES

Gmasep

84
Q

What percentage of individually owned disability income benefits is taxable

0

50

A

0

85
Q

Premiums paid by self employed sole proprietors or partners for medical expense ins are

Totally tax deductible

Not tax deductible

A

Totally tax deductible

Sespt

86
Q

Individual purchasing permanent life ins policy with face value of 25000. While this is all ins he can afford wants to be sure additional coverage will be available in future

Guaranteed renewable option

Guaranteed insurability option

A

Guaranteed renewable option

25000=gro

87
Q

Level term ins provides a level death benefit and a level premium during the policy term. If policy renews at end of specified period time policy premium will be

Adjusted to insured’s age at time of renewal

Based on the issue age of the insured

A

Adjusted to insured’s age at time of renewal

88
Q

Insured is involved ins car accident in addition to less serious injuries he permanent loses the use of his legs nd rendered completely blind. Blindness improves month later. What extent will insured rec presumptive disability benefits

No benefits
Full benefits until blindness lifts

A

No benefits

89
Q

Which is not true re variable universal life policy

Death benefit is fixed

Minimum death benefit is guaranteed

A

Death benefit is NOT fixed

90
Q

How many consecutive months of coverage must ltc ins provide in this state

12

24

A

12

91
Q

Guaranteed renewable health ins policy allows

Insurer to renew policy to a specified age

Policyholder to renew the policy to a stated age with the company having the right to increase premiums on entire class

A

Policyholder to renew the policy to a stated age with the company having the right to increase premiums on entire class

92
Q

Which of following is not true re annuity certain

It will pay until a fixed amount is liquidated

Benefits stop at the annuitant’s death

A

Benefits stop at the annuitant’s death

93
Q

Cobra plies to employers with at least

50

20

A

20

94
Q

Group health ins is characterized by all except

Lower administrative costs

Adverse selection

A

Adverse selection

95
Q

Which following best describes the mib

Govt agency that collects medical info on the insured from the ins companies

Nonprofit org that maintains underwriting nod on applicants for life and health ins

A

Nonprofit org that maintains underwriting nod on applicants for life and health ins

96
Q

All following true about group disability income ins except

Longer waiting period, lower premium

Coverage applies both on and off the job

A

Coverage applies both on and off job

97
Q

Which of following is used to compare the cost of one life ins policy against another in order to guide prospective purchasers to polices that are competitively priced

Cost comparison methods

Policy cost indices

A

Cost comparison methods

98
Q

All statements apply to temporary licenses except

They allow licenses to sell new policies

They require 40 hours of license training

A

They allow licensees to sell new policies

99
Q

Which of following health ins plans does not require insured to pay deductible

Hmo

Medicare part a

A

Hmo

100
Q

In response to alleged fraud must respond within

15 days

30 days

A

15 days

101
Q

On advertisementment company claims that it has funds in its possession that are not available for payment of losses or claims. Company is guilty of

Misrepresentation

Rebating

A

Misrepresentation

102
Q

Insurerer that holds a certificate of authority in state in which it transacts biz is considered a

Authorized insurer

Certified insurer

A

Authorized insurer

103
Q

Covered under grou life ins policy may convert policy to any of following except

Level term

Universal life

A

Level

104
Q

If ins company offers Medicare supplement policies it must offer which of following plans

A

Ab

A

A

105
Q

Not required to be stated in outline of coverage provided with long term care policy

Policy number

Basic info about supplementary policies

A

Basic info about info supplementary policies

106
Q

All following could be considered rebates if offered to an insured in sale of ins except

Offer of employment

Dividends from a mutual insurer

A

Dividends from mutual insurer

107
Q

Who chooses primary care physician in HMO

Referral physician

Individual member

A

Individual member

108
Q

All correct re executive bonus except

Policy owned by company

It is considered a non qualified employee benefit

A

Policy is owned by the company

109
Q

Following would be considered rebating except

Agent misrepresents policy benefits to convince policy owner to replace policies

Agent offers to share his commission with a policyholder

A

Agent misrepresents policy benefits to convince policy owner to replace policies

110
Q

Initial amount of credit life ins may not exceed

Borrow’annual income

Amount to be repaid under contract

A

Amount to be repaid under contract

111
Q

Insurer or agent must respond to commissioner regarding complaint brought against them within 10 days

15 days

A

15 days

112
Q

Regulations regarding replacement apply to which

Renewable term

Replacement of existing policy by same insurer

A

Renewable term

113
Q

Licensed agent in texas receives criminal conviction

Insurance fraud division

Department of insurance

A

Department of insurance

114
Q

To complain with fair credit reporting act when must producer notify an applicant of credit report request

At time of application

At initial interview

A

At time of application

115
Q

If policy has automatic premium loan provision wha happens if insured dies before loan is paid back

Policy beneficiary receives full death benefit

Balance of loan will be taken out of death benefit

A

Balance of loan will be taken out of death benefit

116
Q

Insured purchased a 10 year level term life policy that is guaranteed renewable and convertible. Wha happens at end of 10 years

Insured may renew policy for another 10 years at same premium rate

Insured may renew policy for another 10 years but at higher premium rate

A

Insured may renew policy for another 10 years but at higher premium rate

117
Q

President of company starting annuity. Decides corporation will be annuitant. Which is true

Annuitant must be natural person

Corporation can be annuitant as long as beneficiary is a natural person

A

Annuitant must be a natural person

118
Q

Insured has had a life ins policy that he purchased three years ago when he was 40. He is killed and discover he is actually 45 not 43.

Pay reduced death benefit

Pay full death benefit

A

Pay reduced death benefit

119
Q

Which of following is second to die policy

Survivorship life

Joint life

A

Survivorship life

120
Q

For individual eligible for Medicare at 65, still employed and covered under employer’s plan which is true

Employer plan is primary coverage and Medicare is secondary coverage

Employer plan is secondary coverage and Medicare is primary coverage

A

Employer plan is primary coverage; Medicare is secondary coverage

65 and older covered under employer’s ins plan regardless of age

121
Q

Consumer requests additional info concerning investigative consumer report how long does insurer or reporting agency have to comply

5 days

10 days

A

5 days

122
Q

Which is true regarding elimination periods and cost of coverage

Long elimination period lower the cost of coverage

Elimination periods have no effect on cost of coverage

A

Long elimination period lower the cost of coverage

123
Q

All would be eligible to establish keogh except

Sole proprietor of film development store with no employees

President and employee of family corporation

A

President and employee of family corp

Keogh are for self employed individuals

124
Q

Which is not true about beneficiary designations

Beneficiary may be a natural person

Beneficiary must have insurable interest in the insured

A

Beneficiary must have insurable interest in the insured

125
Q

Which of the following is not a factor in determinining qualifications for social security disability benefits

Workers pia

Workers occupation

A

Workers occupation

126
Q

True re cash surrender nonfortfeiture option

Policyholder recs original cash value of policy

Funds exceeding premium paid are taxable as ordinary income

A

Funds exceeding the premium paid are taxable as ordinary income

127
Q

To attain currently insured status under social security earn how many credits last 13 quarters

6 credits

40 credits

A

6 credits

128
Q

Which determines length of time benefits will be receive under fixed amount settlement

Size of each installment

Length of income period

A

Size of each installment

129
Q

Why is equity indexed annuity considered fixed annuity

Has a fixed rate of return

Has a guaranteed minimum interest ate

A

Has a guaranteed minimum interest ate

Eigm

130
Q

Dividend option where policyowner uses dividends to purchase a term policy for one year is referred to as the

One year term option

Paid up option

A

One year term option

Doy1

131
Q

Annual life ins dividend check

Cash option

Annual dividend provision

A

Cash option

Alico

Ins (77 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions