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 116 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
Excellent

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Testing the reducing atmosphere hypothesis for the origin of life - the Miller and Urey experiment. Testing the reducing atmosphere hypothesis for the origin of life - the Miller and Urey experiment.
Cheetah at the Maasai Mara National Reserve Cheetah at the Maasai Mara National Reserve
How to solve all of life's problems How to solve all of life's problems
beaty of life beaty of life
Types of Health Insurance Service Coverage Types of Health Insurance Service Coverage
Life cycle of Rhizopus stolonifer, a black bread mold Life cycle of Rhizopus stolonifer, a black bread mold
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library