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 119 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?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

A parasite life cycle. A parasite life cycle.
Life on Earth Life on Earth
the history of life according to fossil records the history of life according to fossil records
How to setup and solve a half-life problem using a table of values (Question 1) How to setup and solve a half-life problem using a table of values (Question 1)
A. Clara Peeters Still Life with Fruit and Flowers A. Clara Peeters Still Life with Fruit and Flowers
Trends in employed mothers with a child/children younger than 3 years of age Trends in employed mothers with a child/children younger than 3 years of age
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library