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Author Question: The transfer of all ownership rights in a life insurance policy can be accomplished through a(n) ... (Read 12 times)

jeatrice

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on: Jul 11, 2018
The transfer of all ownership rights in a life insurance policy can be accomplished through a(n)
 
  A) absolute assignment.
  B) irrevocable beneficiary designation.
  C) incontestable clause.
  D) participating-policy provision.

Question 2

Sources of life insurance dividends include which of the following? I. Excess interest earned on the assets necessary to maintain legal reserves II. Favorable mortality experience
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


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brittrenee

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: C


jeatrice

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

epscape

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Reply 3 on: Yesterday
Excellent

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