Multiple Choice
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
Correct Answer:
Verified
Related Questions
Q1: The beneficiary of a life insurance policy
Q2: Kelly owns a life insurance policy. On
Q15: In the settlement of policy proceeds under
Q18: Which of the following is NOT a
Q18: The entire-contract clause is one reason the
Q19: In a life insurance contract, the owner
Q25: The irrevocable beneficiary cannot be changed by
Q32: The entire contract clause in life insurance
Q50: Jameson decides to withdraw (not borrow) his
Q52: McCartney lied on his life insurance application.