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Match the Descriptions with Their Terms

Question 34

Multiple Choice

Match the descriptions with their terms:
-The _________________ is the amount that the insurer agrees to pay 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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