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WV Life Insurance Correct Questions & Answers(RATED A)
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The insured under a $100,000 life insurance policy with a triple indemnity rider for accidental death was killed in a car accident. It was determined that the accident was his fault. The triple indemnity rider in the policy specifies that the death must not be contributed to by the insured in any manner. In this case, what will the policy beneficiary receive? - ANSWER $100,000 The dividend option in which the policyowner uses dividends to purchase a term policy for one year is referred to as the - ANSWER One-year term option. The life insurance policy clause that prevents an insurance company from denying payment of a death claim after a specified p
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