Privisions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Premiums are waved if the juvenile becomes disabled
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| A _____ rider may be used to include coverage for children under their childrens life insurance policy | show 🗑
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| Which provision states who may select policy options designate and name a beneficiary | show 🗑
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| show | Policy proceeds
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| Which non-forfeiture option continue a build up of cash value | show 🗑
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| Which type of life insurance allow the policyowner to have level premiums and also choose from a selection of investment options? | show 🗑
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| show | Return of premium rider
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| A policy loan is made possible by which provision? | show 🗑
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| show | Whole life and increasing term
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| This type of of rider appears on a juvenile life insurance policy | show 🗑
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| Daryan owns a whole life policy that was purchased 10 years ago. If the premium payments suddenly stop and Daryan takes no action, which Nonforfeiture option will the insurer likely proceed with? | show 🗑
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| An insured inability to perform two or more activities of daily living may trigger which type of policy rider? | show 🗑
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| Dividends paid from a life insurance policy are | show 🗑
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| The agreement in a life insurance contract that states a specific sum of money will be paid to a designated person upon an insureds death is called.. | show 🗑
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| An insurer may normally delay payment of a cash value loan or surrender value for up to | show 🗑
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| A life insurance may only be assigned as collateral by | show 🗑
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| The option that provides an additional death benefit for a limited amount of time at the lowest possible cost is called.. | show 🗑
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| How are policy owner dividend treated in regards to tax | show 🗑
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| The accelerated death benefit provision is also know in a life insurance policy is also know as? | show 🗑
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| show | Policy Loan Provision
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| show | Amount of premium payments and when they are due
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| Which life insurance rider allows an applicant to have access to coverage? | show 🗑
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| additional coverage could be added to a policy by adding | show 🗑
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| show | payor clause benefit clause
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| show | additional death benefits
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