FINANCE 390 FINANCE 341 Sample Final Exam with answers

Exam (elaborations) FINANCE 390 FINANCE 341 Sample Final Exam with answers All of the following are advantages of life insurance except: a. Guaranteed payout b. Proceeds not probated c. Cost of coverage reduces disposable income d. Generally not subject to federal income tax 2. Which of the following is not a standard provision in a typical life insurance policy? a. a provision explaining the insured’s right to assign the policy b. a provision permitting the insurer to cancel the poli...