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Exam (elaborations)

PEARSON VUE LIFE INSURANCE EXAM QUESTIONS WITH GUARANTEED ACCURATE ANSWERS

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PEARSON VUE LIFE INSURANCE EXAM QUESTIONS PEARSON VUE LIFE INSURANCE EXAM QUESTIONS WITH GUARANTEED ACCURATE ANSWERS A payor benefit rider provides which of the following benefits - Accurate Answerwaives premium due on a child's policy in the event of the premium payor's death or total disability occurring before the insured person's 25th birthday. Which of the following policy provisions provides for continuation of coverage dispite nonpayment of premiums - Accurate AnswerNonforfeiture option A nonforfeiture clause is an insurance policy clause stipulating that an insured party can receive - Accurate Answerfull or partial benefits or a partial refund of premiums after a lapse due to non-payment A policyowner names his wife as the primary beneficiary of his Universal Life policy on a revocable basis. He also names his three children as his secondary beneficiaries and his estate as his tertiary beneficiary. If the policyowner's wife predeceases him, and then he dies, who will receive the policy proceeds? - Accurate AnswerThe children

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