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Match the Descriptions with Their Terms

Question 7

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:

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