A spendthrift trust provision involves
A) an agreement to keep future premiums at a minimal level,
B) complicated legal planning on the part of the insured,
C) the establishment of a trust for the benefit of minor beneficiaries,
D) protection from creditor's claims.
Correct Answer:
Verified
Q37: Which of the following statements is true
Q38: If a policy loan on the cash
Q39: An interest settlement option
A) keeps a policy
Q40: The cash value option allows the insured
A)
Q41: The waiver of premium benefit does not
Q42: Which of the following is a true
Q43: Which of the following statements is true
Q44: Which of the following will generally be
Q45: Term insurance contracts generally do not have
A)
Q47: An automatic premium loan provision is designed
A)
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