Multiple Choice
Match the descriptions with their terms:
-A/An _________________ will only receive the death benefits if the primary beneficiary is not alive at the death of the insured.
A) Cash value
B) common disaster clause
C) contingent beneficiary
D) Convertible
E) Decreasing term
F) face amount
G) fixed-amount option
H) grace period clause
I) irrevocable beneficiary
J) living benefit option
K) lump-sum option
L) participating
M) reinstatement clause
N) Renewable term
O) suicide clause
P) Term insurance
Q) Universal life
R) Whole life insurance
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following statements is true
Q3: Which of the following is not a
Q4: Match the descriptions with their terms:<br>-A policy
Q5: Match the descriptions with their terms:<br>-A/An _
Q6: Which of the following will generally be
Q8: Which of the following statements is true
Q9: Credit life is a form of decreasing
Q10: Match the descriptions with their terms:<br>-The _
Q11: Match the descriptions with their terms:<br>-_ is
Q12: Modified life generally is a type of