A life insurance policy can be structured so that the death benefits are paid directly to a named beneficiary,which means that _____.
A) the life insurance proceeds are paid directly to named beneficiaries after payment of state or federal income taxes
B) the cash benefits from your life insurance policy cannot be claimed by creditors
C) the life insurance proceeds are invested as premiums for the life insurance of the beneficiary
D) the cash benefits are remitted to the beneficiary only after the beneficiary pays estate taxes
E) the life insurance company makes additional payments to the family of the insured so that they continue to live comfortably
Correct Answer:
Verified
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A)the process
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A)the
Q27: From the standpoint of a person buying
Q28: While using the needs analysis approach,we _.
A)add
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A) selling insurance at a
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