Multiple Choice
A spendthrift trust provision involves
A) an agreement to keep future premiums at a minimal level,
B) complicated legal planning on the part of the insured,
C) the establishment of a trust for the benefit of minor beneficiaries,
D) protection from creditor's claims.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Endowment insurance is currently far less popular
Q24: Match the descriptions with their terms:<br>-A/An _
Q25: Match the descriptions with their terms:<br>-_ is
Q26: Most term policies are not convertible into
Q27: Death benefits are likely to fluctuate over
Q29: Match the descriptions with their terms:<br>-The _
Q30: Match the descriptions with their terms:<br>-A/An _
Q31: Match the descriptions with their terms:<br>-_ term
Q32: Term insurance contacts have no cash value
Q33: Renewable term policies are initially written for