This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Beth purchased a participating life insurance policy 6 years ago. Her life insurance needs have ... (Read 130 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jul 11, 2018
Beth purchased a participating life insurance policy 6 years ago.
 
  Her life insurance needs have increased, but she has developed a medical condition that makes it impossible for her to purchase more life insurance at affordable premiums. Which dividend option makes sense for Beth to use given her medical condition?
  A) cash
  B) apply to premium
  C) dividend accumulations
  D) paid-up additions

Question 2

Which life insurance policy provision specifies that it is the policyholder, and not the insured or beneficiary, who possesses all contractual rights while the policy is in force?
 
  A) nonforfeiture options
  B) entire contract clause
  C) incontestable clause
  D) ownership clause


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


yoooooman

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jul 11, 2018
Thank you :)


EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jul 11, 2018
Happy to help you


« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

The life cycle of Plagiorhynchus cylindraceus, an intestinal parasite of birds. The life cycle of Plagiorhynchus cylindraceus, an intestinal parasite of birds.
A Border Marks Life and Death A Border Marks Life and Death
Life Is Abundant in Soil Life Is Abundant in Soil
Jan de Heem, Still Life with Lobster. Jan de Heem, Still Life with Lobster.
Key foreign policy agencies Key foreign policy agencies
Cyanobacteria from 850 million years ago (Photo 2) Cyanobacteria from 850 million years ago (Photo 2)
Video: Endocytosis - pinocytosis, receptor mediated and Transcytosis

For a complete list of videos, visit our video library