215 State Exam Simulator (All Q's Composed)(A+ Guaranteed)
A life insurance policy that provides a policyowner with cash value along with a level face amount is called Whole life T and S are named co-primary beneficiaries on a $500,000 Accidental Death and Dismemberment policy insuring their father. Their mother was named contingent beneficiary. Five years later, S dies of natural causes and the father is killed in a scuba accident shortly afterwards. How much of the death benefit will the mother receive? $0 The mother receives $0 because T is still alive and the sole primary beneficiary, while the mother is still the contingent beneficiary. A level premium indicates the premium is fixed for the entire duration of the contract
Escuela, estudio y materia
- Institución
- Chamberlain College Of Nursing
- Grado
- 215 State Exm Simulator
Información del documento
- Subido en
- 15 de septiembre de 2023
- Número de páginas
- 162
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
215 state exam simulator all qs composed