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 43 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!

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

The Scale of Life 2 The Scale of Life 2
Life-cycle of the Sun; sizes are not drawn to scale Life-cycle of the Sun; sizes are not drawn to scale
Anna Vallayer-Coster, Still Life with Lobster. Anna Vallayer-Coster, Still Life with Lobster.
Jan de Heem, Still Life with Lobster. Jan de Heem, Still Life with Lobster.
The Life Cycle of a Midlatitude Cyclone: Cyclogenesis The Life Cycle of a Midlatitude Cyclone: Cyclogenesis
Healthy eating is a way of life Healthy eating is a way of life
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library