The surrender value on a life insurance policy is equal to the
A) cash value.
B) face value.
C) amount of death protection.
D) cash value plus surrender dividends less outstanding loans and surrender charges.
Correct Answer:
Verified
Q19: A single life policy
A)may only provide benefits
Q20: Which of the following individuals would definitely
Q21: Dividend payments on life insurance policies
A)are always
Q22: Life insurance policyholders typically receive dividends from
A)mutual
Q23: A contingent beneficiary
A)will always share in the
Q25: A premium is
A)the increase in cash value
Q26: If a life insurance policy is renewable,
A)the
Q27: The premium on a life insurance policy
Q28: For tax purposes a life insurance dividend
Q29: Which policy pays out at the first
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