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

Author Question: The difference between the legal reserve of a whole life policy and the face amount of insurance is ... (Read 124 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jul 11, 2018
The difference between the legal reserve of a whole life policy and the face amount of insurance is the
 
  A) cash value.
  B) net amount at risk.
  C) premium.
  D) dividend accumulations.

Question 2

Alex, age 26, purchased a 20-payment whole life insurance policy. After Alex has made 20 premium payments, his life insurance policy is considered
 
  A) matured.
  B) reduced.
  C) expired.
  D) paid-up.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


xclash

  • Member
  • Posts: 681
Reply 2 on: Jul 11, 2018
Gracias!

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Gametic life cycle, as illustrated by diatoms Gametic life cycle, as illustrated by diatoms
The life cycle of a typical fern. The life cycle of a typical fern.
Face muscles Face muscles
Brachial Plexus drawing plus the difference in the forearm Brachial Plexus drawing plus the difference in the forearm
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
Difference Between Solar and Sidereal Day Difference Between Solar and Sidereal Day
Video: The life cycle of protein

For a complete list of videos, visit our video library