Match the descriptions with their terms:
-_________________ is designed to be kept in force throughout the life of the insured and includes a cash value element.
A) Cash value
B) common disaster clause
C) contingent beneficiary
D) Convertible
E) Decreasing term
F) face amount
G) fixed-amount option
H) grace period clause
I) irrevocable beneficiary
J) living benefit option
K) lump-sum option
L) participating
M) reinstatement clause
N) Renewable term
O) suicide clause
P) Term insurance
Q) Universal life
R) Whole life insurance
Correct Answer:
Verified
Q16: Match the descriptions with their terms:
-_ is
Q17: Match the descriptions with their terms:
-_ is
Q18: Match the descriptions with their terms:
-A/An _
Q19: Match the descriptions with their terms:
-A/An _
Q20: Match the descriptions with their terms:
-A/An _
Q22: Match the descriptions with their terms:
-_ term
Q23: Match the descriptions with their terms:
-A person
Q24: Match the descriptions with their terms:
-_ is
Q25: Match the descriptions with their terms:
-The _
Q26: Match the descriptions with their terms:
-The _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents