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

Author Question: Advantages of selecting the paid-up additions dividend option in a life insurance policy include ... (Read 56 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jul 11, 2018
Advantages of selecting the paid-up additions dividend option in a life insurance policy include which of the following?
 
  I. Evidence of insurability is not required to purchase additional insurance.
  II. The additions are purchased at net rates without a loading for expenses.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about dividend options is (are) true? I. The interest on dividends left to accumulate with the insurer is not considered to be taxable income. II. Paid-up additions are additional units of whole life insurance.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


vinney12

  • Member
  • Posts: 586
Reply 2 on: Jul 11, 2018
Gracias!

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

The crania, and especially the faces of KNM-ER 1813 and 1470, differ enough that some scientists inc The crania, and especially the faces of KNM-ER 1813 and 1470, differ enough that some scientists inc
Life of a Midlatitude Cyclone Life of a Midlatitude Cyclone
The permissible exposure limit (PEL) and immediately dangerous to life and health (IDLH) ... The permissible exposure limit (PEL) and immediately dangerous to life and health (IDLH) ...
The environmental policy changes over time The environmental policy changes over time
Drosophila life cycle Drosophila life cycle
Generalized life cycle for land plants Generalized life cycle for land plants
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library