True/False
If a contingent beneficiary is not named and the primary beneficiary predeceases the insured, the insurance company will generally divide the benefits among the insured's spouse and children in the manner specified within most insurance policies.
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Match the descriptions with their terms:<br>-_ is
Q38: Match the descriptions with their terms:<br>-_ is
Q39: Universal life contracts provide for more flexible
Q40: Match the descriptions with their terms:<br>-_ is
Q41: Match the descriptions with their terms:<br>-A/An _
Q43: Insurers generally reject applications for coverage if
Q44: The suicide clause assures that benefits are
Q45: When the premium declines gradually each year,
Q46: Industrial life is a type of insurance
Q47: A participating policy allows the policyholders the