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Payment Plans Have Several Methods for Death Proceeds

Question 57

Multiple Choice

Payment plans have several methods for death proceeds.In the life income method:


A) there is even distribution of the proceeds until depleted.
B) there is even distribution of the proceeds over a certain number of years.
C) the beneficiary leaves the proceeds with the insurer and collects only the interest.
D) there is even distribution of the proceeds over the life of the beneficiary.
E) there is a lump-sum distribution.

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