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Home Q & A Board Other Fields Homework Help Business Insurance
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chouri chouri
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6 years ago
Which of the following statements about life insurance settlement options is true?
A) Under the fixed period option, the beneficiary normally has the right to make partial withdrawals in case of emergency.
B) Under the fixed period option, any remaining proceeds revert to the insurer if the beneficiary dies before the end of the fixed period.
C) Under the fixed amount option, the beneficiary can be given the right to increase or decrease the fixed amount.
D) Under the fixed amount option, any interest credited in excess of the guaranteed rate increases the amount of each periodic payment.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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6 years ago
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chouri Author
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#2
5 years ago
You simplify the concept to an unimaginable degree that it should be illegal Grinning Face with Smiling Eyes
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