This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements regarding the accidental death benefit rider (also known as double ... (Read 77 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
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
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C




bucstennis@aim.com

  • Member
  • Posts: 532
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library