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 91 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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

These species are all at risk of extinction. Species with “slow” life-h These species are all at risk of extinction. Species with “slow” life-h
Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for
Situation in a Guy's Life Situation in a Guy's Life
Preschool: 3–6 years. Preschool: 3–6 years.
Typical life cycle of the tick family. Typical life cycle of the tick family.
First Day of My Life First Day of My Life
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library