Marcus is concerned that inflation will erode the purchasing power of the face value of his life insurance policy.
His agent suggested that Marcus add a provision that allows him to purchase one-year term insurance equal to the percentage change in the consumer price index without having to demonstrate insurability. This provision is called a(n)
A) cost-of-living rider.
B) guaranteed purchase option.
C) accelerated death benefit rider.
D) waiver-of-premium rider.
Question 2
Which statement about the incontestable clause is true?
I. It protects the beneficiary if the insurer tries to deny a claim years after the policy is issued.
II. If protects the insurer from having to pay a claim during the first two years if the insured made a material misrepresentation or concealed material information in the application.
A) I only
B) II only
C) both I and II
D) neither I nor II
Ernst Haeckel's Tree of Life (1879)
The New Face of America
Spiral Galaxies (Nearly Face-on Views)
Life Table
Use face cradle covers to prevent the client’s skin from touching the face cradle upholstery.
Life support system of a developing human