Match the descriptions with their terms:
-A policy is _________________ if the policyholder is eligible to receive policy dividends.
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
Q27: Match the descriptions with their terms:
-The _
Q28: Match the descriptions with their terms:
-A/An _
Q29: Match the descriptions with their terms:
-_ is
Q30: Match the descriptions with their terms:
-The _
Q31: Match the descriptions with their terms:
-_ is
Q33: Match the descriptions with their terms:
-A/An _
Q34: The life insurance contract that generally offers
Q35: Death benefits are likely to fluctuate over
Q36: Which of the following is not a
Q37: Which of the following statements is true
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