Several additional payment plans have been developed and are now included in most policies because a lump-sum payment is not desirable in all circumstances.These payment plans are also known as _____ options.
Correct Answer:
Verified
Q60: _ life insurance contracts were introduced to
Q61: Under the _ insurance option, it is
Q62: Policyowners should avoid naming minors as beneficiaries.Where
Q63: In flexible premium contracts such as universal
Q64: _ increase the death benefit annually, consistent
Q65: Variable universal life insurance is also called
Q66: Variable life is, in essence, a(n) _
Q67: It is customary to name one or
Q68: Current assumption whole life is sometimes referred
Q69: In a group term life insurance, the
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