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Author Question: Beth purchased a participating life insurance policy 6 years ago. Her life insurance needs have ... (Read 137 times)

yoooooman

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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


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EAN94

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


yoooooman

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Reply #2 on: Jul 11, 2018
Thank you :)


EAN94

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Reply #3 on: Jul 11, 2018
Happy to help you


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