A tontine is:
A) a form of endowment insurance
B) used frequently to provide retirement income
C) a life insurance contract paying a death claim on the second person to die
D) one reason for the divisible surplus provision
Correct Answer:
Verified
Q15: The incontestable clause states that the insurer:
A)
Q16: Mike is dying of AIDS and knows
Q17: In the settlement of policy proceeds under
Q18: Which of the following is true?
A) The
Q19: The contract feature that waives life insurance
Q21: What is/are the advantage(s) to purchasing an
Q22: One life insurance dividend option is to
Q23: _ cannot be a designated life insurance
Q24: Jameson decides to withdraw (not borrow) his
Q25: The entire-contract provision makes the application for
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