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

Author Question: Which of the following statements regarding the accidental death benefit rider (also known as double ... (Read 61 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jul 11, 2018
Which of the following statements regarding the accidental death benefit rider (also known as double indemnity) is true?
 
  A) Adding the accidental death benefit rider doubles the premium for the policy.
  B) Financial planners agree that adding the accidental death benefit rider is a wise purchase.
  C) The economic value of a human life is doubled or tripled if death is caused by an accident, justifying the purchase of the rider.
  D) The death benefit is doubled only if an accidental injury is the direct cause of death and death occurs prior to a specified age.

Question 2

Which of the following is a standard nonforfeiture option?
 
  A) paid-up additions
  B) life income
  C) extended term insurance
  D) reduction of premiums


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ashley I

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: Jul 11, 2018
Excellent

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

A Border Marks Life and Death A Border Marks Life and Death
In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to In 2006 an Iraqi tribunal convicted Saddam Hussein of murdering his own people and sentenced him to
In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi In this cartoon, Boss Tweed welcomes cholera—a skeletal figure of death carrying a handbag from “Asi
Double strand of DNA Double strand of DNA
Ten Leading Causes of Death in the United States, 2010. Ten Leading Causes of Death in the United States, 2010.
Major Causes of Death from Infectious Disease Major Causes of Death from Infectious Disease
Video: T cell receptors

For a complete list of videos, visit our video library