A premium is
A) the increase in cash value from investment returns.
B) a return payment on the cost of the policy.
C) a periodic payment for life insurance.
D) not collected by mutual insurance companies.
Correct Answer:
Verified
Q20: Which of the following individuals would definitely
Q21: Dividend payments on life insurance policies
A)are always
Q22: Life insurance policyholders typically receive dividends from
A)mutual
Q23: A contingent beneficiary
A)will always share in the
Q24: The surrender value on a life insurance
Q26: If a life insurance policy is renewable,
A)the
Q27: The premium on a life insurance policy
Q28: For tax purposes a life insurance dividend
Q29: Which policy pays out at the first
Q30: The cash value on a life insurance
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