Multiple Choice
A tontine is:
A) a form of endowment insurance
B) used frequently to provide retirement income
C) a life insurance contract paying a death claim on the second person to die
D) one reason for the divisible surplus provision
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q36: The suicide clause states that the life
Q37: Brak purchased a $25,000 life insurance policy
Q38: What is/are the advantage(s) to purchasing an
Q39: The gender of the person receiving periodic
Q40: One life insurance nonforfeiture option allows the
Q42: Which of the following is true?<br>A) The
Q43: Explain briefly the operation of the guaranteed
Q44: Explain what happens with regard to the
Q45: The contract feature that waives life insurance
Q46: Mike is dying of AIDS and knows