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    Risk Management and Insurance Study Set 1
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    Exam 16: Standard Life Insurance Contract Provisions and Options
  5. Question
    The Age of the Beneficiary Is a Factor Used to Calculate
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The Age of the Beneficiary Is a Factor Used to Calculate

Question 58

Question 58

Multiple Choice

The age of the beneficiary is a factor used to calculate the amount paid from a life insurance policy under the ________ settlement option.


A) life income
B) interest
C) fixed amount
D) fixed

Correct Answer:

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