For the insured who needs more life insurance,the best option for receiving policy dividends is to
A) receive them as cash payments.
B) leave the dividends with the insurance company to earn interest.
C) buy additional paid-up coverage.
D) apply them toward the next premium payment.
E) take living benefits.
Correct Answer:
Verified
Q82: Which of the following policy features allow
Q93: Marilyn Simms died with a $200,000 life
Q104: INSTRUCTIONS: Choose the word or phrase in
Q106: The basic assumptions that the company used
Q106: When a primary beneficiary dies before the
Q107: A life insurance policy should contain all
Q111: A participating policy
A)has no incontestability clause.
B)is a
Q111: A grace period permits the policy holder
Q113: Paying life insurance premiums on a(n)_ basis
Q117: With traditional whole life policies sold by
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