A) Renewable A To limit the insurer's liability after the 2 year waiting period (A) It is written with a master policy for members of qualified groups(B) A group member is prohibited from assigning incidents of ownership(C) Group life rates are generally higher than those for individual policies(D) Only the group member can pay the premiums for the group policy, (A) It is written with a master policy for members of qualified groups. Updated the ans. Napa Legend Premium Battery Review, D $200,000. Which of the following statements is correct regarding this change? B Whole Life Policy. A) The beneficiary Monthly, Quarterly, Annually, etc. C Limited pay whole life policy as instance, x+nine=4 is a . C) Most term policies contain a convertibility option D) Upon conversion, the premium for the permanent policy will be based upon attained age, A) Upon conversion, the death benefit of the permanent policy will be reduced by 50%, The policy owner of an adjustable life policy wants to increase the death benefit. An employer offers group life insurance to its employees for the amount of $10,000. A Accidental Death Rider Sale of this product requires a securities license. All of the following are TRUE regarding the convertibility option under a term life insurance policy EXCEPT C The payable premium amount steadily declines throughout the duration of the contract. Annuity surrender charges are generally waived if the annuitant is hospitalized for an extended period, placed in a nursing facility, becomes disabled, or dies. Why does the impeller of a torque converter sit behind the turbine? A A revenue account. You should now have gotten the answer to your question All of the following are true about variable products EXCEPT, which was part of Insurance MCQs & Answers. D Same amount of premium, Which component increases in the increasing term insurance? A) Increasing Informative Essay Army Values, All of the following statements are correct about policy loan interest rates EXCEPT: (A) an insurance company can charge a fixed rate of interest up to a maximum of 10%, with some restrictions(B) an adjustable interest rate can be used if the insurance company follows a national corporate bond index(C) an adjustable interest rate can be used if the limit is based on the average monthly published interest rate set by Moodys(D) policy loan interest rates were set by the Office of Insurance Regulation in 1933 and may not be changed, (D) policy loan interest rates were set by the Office of Insurance Regulation in 1933 and may not be changed. Which of the following statements applies to the rights of a surviving spouse under a group insurance policy? What happens at the end of the 10-year term? 16) Improvements in information-gathering technologies are making it possible to trace more costs as direct. B Based on the issue age of the insured. Integrating Quotes Mla Worksheet, C) The period of time from the effective date of the contract to the date of its termination Which type of life insurance provision/rider does this describe? The premium can be raised up to a guaranteed maximum rate. Which life insurance settlement option guarantees payments for the lifetime of the recipient, but also specifies a guaranteed period, during which, if the original recipient dies, the payments will continue to a designated beneficiary? 0 A. O B. All of the following are guaranteed features in a variable life insurance policy, EXCEPT: The cash value is invested in the insurer's separate account, and is, therefore, not guaranteed. A Decreasing term D) An increasing annual premium for the life of the insured, C) A level premium for the life of the insured, Which of the following is NOT true regarding Equity Indexed Annuities? The variable universal life policy DOES have cash value that varies with the performance of the investment. D Payor Benefit, An insured purchased a variable life insurance policy with a face amount of $50,000. This module allows a Python program to determine if a string is a C Decreasing Term A density curve describes the probability distribution of a . (D) The cash value is not guaranteed. D Gradually increases each year by the amount that the cash value increases. B Level Term Life D Required proof of insurability every year. Required a premium increase each renewal. Recognizing the environmental impact, the firm is an aggressive "green manufacturer," with major initiatives in resource reduction and sustainability. What are the three core functions that exist within a typical insurer? DThe death benefit can be increased only when the policy has d eveloped a cash value. Which of the following is a requirement that a professional association must meet to obtain group insurance? Wir sind Ihr Anbieter fr Internet, Digitales Fernsehen und VoIP-Festnetztelefonie mit jahrelanger Erfahrung. B) The annuitant A) Under an attained age conversion, the premium is based on the insured's attained age at the time of conversion. This E-mail is already registered with us. C The investment account C Death benefit C Family members are not provided any rights. Answer votes answered Sep 9, 2022 by (64.9k Best answer Markets are product groupings. The initial amount of credit life insurance may NOT exceed B) The returns from the insurance company's separate account They All of the following are true regarding variable costs except which one? A Modified Endowment Contract (MEC). An insurance policy dividend can be all of the following EXCEPT: (A) paid as a return of premium(B) paid as a division of surplus(C) paid by a nonparticipating policy(D) applied to pay premium. B) Are security instruments All of the following are true about variable products EXCEPT A)Policyowners bear the investment risk. B $50,000 All of the following are expensed under variable costing except: A. variable manufacturing overhead. Browse other questions tagged, Where developers & technologists share private knowledge with coworkers, Reach developers & technologists worldwide. D Life income with period certain, What provision in an insurance policy extends coverage beyond the premium due date? We reviewed their content and use your feedback to keep the quality high. All of the following apply under the federal ERISA law EXCEPT: (A) the Florida law on retirement plans supersedes ERISA(B) qualified pension plans receive favorable tax treatment(C) Fiduciary responsibility is required(D) funding, participation, and vesting are addressed, (A) the Florida law on retirement plans supersedes ERISA. D Limited Term, What is the purpose of a suicide provision within a life insurance policy? C Personal Lines Industriestrae 6 C Fluctuates. B The policy's guarantees. Upon conversion, the death benefit of the permanent policy will be reduced by 50%. A) Neither the premium nor the death benefit is affected by the insured's age D Variable universal life is regulated solely through FINRA. B Increases for the first few years of the policy, and then levels off. When the breadwinner that is insured by a Family Policy dies, what rights are provided to other family members that are covered under the policy? B Renewable must be spelled exactly as written here: So, you cannot use any of the above identifiers as a variable name. Which of the following policies would be classified as a traditional level premium contract? Which of the following is CORRECT about the replacement rule? d. minimizing international transportation costs. 542), How Intuit democratizes AI development across teams through reusability, We've added a "Necessary cookies only" option to the cookie consent popup. C An amount set by statute and adjusted regularly for inflation. The company is also moving toward biodegradable packaging and seasoning bags and cans and bottles. Is there the Pythonic equivalent to JavaScript variable name validator? Numro Virtuel Algrie Gratuit, o There is only one independent variable. C. variable manufacturing overhead. D) Seek higher returns, An individual has just borrowed $10,000 from his bank of a 5-year installment loan requiring monthly payments. D) It is also known as the pay-in period, A) It would not occur in a deferred annuity, Who bears all of the investment risk in a fixed annuity? B Flexible 0 A. O B. A) A decreasing annual premium for the life of the insured (C) The portfolio can consist of shares of other mutual funds. B Adjuster C) The SEC 15) Assigning direct costs poses more problems than assigning indirect costs. 247 Games Bridge, A It will increase each year during the next 5 years as the face amount increases each year. D Adjusted to the insured's age at the time of renewal. Q1. Im Technologiezentrum Freistadt 11) All of the following are true EXCEPT that indirect costs: B) are not easily traced to products or services, C) vary with the selection of the cost object, D) may be included in manufacturing overhead. What is the fitted value in May 2019 ? Try testing yourself before you read the chapter to see where your strengths and weaknesses are, then test yourself again once you've read the chapter to see how well you've understood. A Creditor having a collateral assignment on the policy C Return of premium D Higher. D The premium. C) FINRA C) It is the period of time during which the annuitant makes premium payments into the annuity A Universal life B Increasing Term C) Whole life Maryland Basketball Recruiting Crystal Ball 2020, c. What is the cost of the marginal bad debts? The annuity premium is invested in securities. Proper way to declare custom exceptions in modern Python? (A) During the 14 days prior to its effective date(B) Within 14 days after delivery of the policy (C) Within 30 days of purchase(D) After receipt, but only with the prior approval of the agent, (B) Within 14 days after delivery of the policy. B The mortality expense D Renewable Term Policy. All of the following are true about variable products EXCEPT A. Policyowners bear the investment risk B. the premiums are invested in the insurer's general account C. the minimum death benefit is guaranteed D. the cash value is not guaranteed Answer: B. the premiums are invested in the insurer's general account All of the following statements regarding budgeting is true except: a. C) Renewable or convertible The following information is available for the year ended December 31: Beginning Raw Materials + Purchases Ending Raw Materials = Raw Materials Used All of the following statements about the conversion of a term policy are true EXCEPT. If the policy renews at the end of a specified period of time, the policy premium will be After the period of increase the premiums will What would be the right policy for this client? A Producer A Nonqualified annuity D) The insurance company's general account investments, A Straight Life policy has what type of premium? Lengthening the credit period Parker Tool is considering lengthening its credit period from 30 to 60 days. Stolen Youth Vinyl, A The cost of coverage is a deductible expense by the employer. Best Indoor Thermometer Wirecutter, Would the reflected sun's radiation melt ice in LEO? A Policy period c) Variables can be described but not measured. A Annually Renewable Term Multiple Choice Quiz. B A money market account. B) If the annuitant dies after receiving 12 monthly income payments. B Universal life D) The performance of the policy portfolio, D) The performance of the policy portfolio, Which of the following is TRUE regarding variable annuities? Jenny Han Husband, 2 A) Installment Premium Deferred, Lump Sum Immediate, Life Income with Refund, B) Single Premium Immediate, Flexible Premium Immediate, Flexible Premium Deferred, C) Single Premium Immediate, Single Premium Deferred, Flexible Premium Deferred. C) It has the lowest annual premium of the three types of Whole Life policies C Remains level. C Whole Life Policy C The creditor may insure the debtor for an unlimited amount of coverage. C Federal government. Are you having trouble answering the question All of the following are true about variable products EXCEPT? The monopolist should a. increase output, which will result in an increase in the firm's positive economic profit. D) It has a fixed rate of return, B) It has a guaranteed minimum interest rate, Which of the following is TRUE regarding the annuity period? A Survivorship life There are benefits besides the potential energy savings. Why is it a syntax error to have an object attribute named "del", "return" etc? I may have stumbled on an illegal variable name. C Free look D Its premium steadily decreases over time, in response to its growing cash value. D) Amount and length of payments, A Return of Premium term life policy is written as what type of term coverage? B) Under an original age conversion, the policyowner must pay a financial adjustment in addition to the premium for the new policy. All of the following statements are correct about group life insurance EXCEPT: (A) a member can assign her incidents of ownership(B) certificate holders need not be notified if the policy expires(C) rates are typically more favorable than for individual policies(D) it is generally written as a one-year renewable term plan, (B) certificate holders need not be notified if the policy expires. C) Variable - the investment varies according to the fixed rate. D Level Term Policy, Which of the following policies would have an IRS required corridor or gap between the cash value and the death benefit? A variable life policy cannot be proposed in a sales scenario unless a prospectus precedes or accompanies the proposal, because it is considered a security. A biomass boiler, which will burn agricultural waste, is also planned to provide additional renewable fuel. D Joint life, A Straight Life policy has what type of premium? (B) Variable annuities protect the investor against capital loss. C A variable annual premium for the life of the insured B Universal Life C) The annuitant assumes the risks on investment D The borrower's monthly income. D Option B. C) A direct cost of one cost object can be an indirect cost of another cost object. Should I avoid using "str" as a variable name in Python? C Accumulation of cash value C) The premium mode The type of insurance sold to a debtor and designed to pay the amount due on a loan if the debtor dies before the loan is repaid is called. Which policy should Hank's insurance agent recommend? D Continuous Premium. He believes that he will not need extra capital for personal living expenses, since the business will generate immediate revenue to cover all living and business expenses. D The death benefit is $0 at the end of the policy term. The premium of a survivorship life policy compared with that of a joint life policy would be The LEAST expensive first-year premium is found in which of the following policies? Sankara Citations Pdf, B Remains level. D The insured may only convert the policy to another term policy. A Increasing term Which of the following are the three major goals of insurance rate regulation? D) All Fixed Annuities are Deferred Annuities. C Graded premium whole life. (A) Coverage continues at the same rate and premium(B) Conversion privileges must be provided for dependents(C) Conversion privileges extend to the spouse but not to the children(D) Conversion rights of the surviving spouse are less than those which the insured employee possessed, (B) Conversion privileges must be provided for dependents. 11) All of the following statements about variable costs are true EXCEPT 11) A) they are constant as output increases. Which of the following is TRUE about credit life insurance? All of the following are true about variable products EXCEPT (A) Policyowners bear the investment risk. The following are features of the Indexed Universal Life EXCEPT C) They have a guaranteed minimum interest rate View desktop site. II. A) Upon annuitization, the accumulation units are converted to annuity units. B Variable life C Since it is the policyowner, and not the insured, who has become disabled, the life insurance policy will not be affected. So what *is* the Latin word for chocolate? B) Immediate or deferred C)The minimum death benefit is guaranteed. B The face amount steadily declines throughout the duration of the contract. The Dreamers Google Drive, What can a lawyer do if the client wants him to be aquitted of everything despite serious evidence? C Insurer When an annuity is written, whose life expectancy is taken into account? A The company's general account Underwriter C Level Term D Family Policy, If a life insurance policy increases significantly in face amount (death benefit) when the insured reaches a specified age, what type of policy is this? The Investment Company Act of 1940 requires that insurers maintain a separate account for variable investments. 11) All of the following true EXCEPT that indirect costs: 11) All of the following true EXCEPT that indirect costs: : 1869182. Variable costs are the sum of the costs paid for all inputs. C Premium D To protect the insurer from persons who purchase life insurance with the intention of committing suicide, To protect the insurer from persons who purchase life insurance with the intention of committing suicide. V. Insured. D) Its premium steadily decreases over time, in response to its growing cash value, D) Its premium steadily decreases over time, in response to its growing cash value, Which of the following best describes what the annuity period is? Annually renewable term policies provide a level death benefit for a premium that C) they are zero if output is zero. A) Increasing or Decreasing B) Upon annuitization, the annuity payments are level. C Increasing term life C) Equal annuity payments What do Modified Life and Straight Life policies have in common? D A separate account. C) The insurance Company From the keywords section in the Python docs: The following identifiers are used as reserved words, or keywords of A) Death benefit How do I check if a variable is an array in JavaScript? (A) This is not permitted under Florida law(B) It is possible to convert $3,000 or more of industrial insurance(C) Any such conversion requires a physical examination (D) The multiple policies can only be reissued as one industrial policy, (B) It is possible to convert $3,000 or more of industrial insurance. Our experts can answer your tough homework and study questions. B) only if death occurs once the annuity has entered the Annuitization period. A Return of Premium term life policy is written as what type of term coverage? Explain the following actions by agents that are a. A Indeterminate premium whole life Question 1 0 / 1 pts Variable costs include all of the following except: Direct labor Materials Correct Answer Equipment You Answered Sales commissions Direct labor Materials Question 2 1 / 1 pts In a manufacturing organization, general employee training costs are considered. A continuous random variable takes on all the values in some interval of numbers. Which type of policy would he most likely buy? A The amount of insurance. Which of the following will have to meet an insurable interest requirement in order for a policy to issue? Azanswer team is here with the correct answer to your question. D) Payments are made in terms of dollars rather than units. Which of the following laws defined a security product? B The amount to be repaid under the contract. A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. B It has a maximum term of 20 years. What kind of policy issues certificates of insurance to insureds? B) Because of a cost-benefit tradeoff, some direct costs may be treated as indirect costs. 14) The same cost may be direct for one cost object and indirect for another cost object. Required fields are marked *, All of the following are true about variable products EXCEPT. A Determined by the health of the insured. B It can be a limited premium payment policy. B) The period of time during which money is accumulated is an annuity B) A variable annual premium for the life of the insured In which of the following scenarios will the rider waive the payment of premium? All customers will continue to pay on the net date. The agent told him that depending upon the company's investments and expense factors, the cash values could change from those shown in the policy at issue time. B) It has a guaranteed minimum interest rate B Universal Life Policy If the insured dies, how much will be paid out? The Securities Act of 1933 ruled that applicants for a variable product must receive a prospectus. How Much Sugar Is In A Mountain Dew 600ml, C Level D) Adjustable Life, Which of the following is a feature of a variable annuity? Which of the following is NOT considered to be an element of replacement? C) They are less risky than variable annuities B Level term life. Annuity mortality tables reflect a greater life expectancy than do life insurance tables, and annuities are sold to give a greater income at an older age, whereas life insurance is sold to create an immediate income in the case of premature death. C. D. Variable costs change with changes in output. The policy contains the optional Payor Benefit rider. B) A person selling variable annuities is required to have only a life agent's license C Debtor is the policy beneficiary. B) Level Which of the following is a requirement of a participating life insurance policy? A $10,000 C $100,000 C The premium mode Frito-Lay, the multi-billion-dollar snack food giant, requires vast amounts of water, electricity, natural gas, and fuel to produce its 41 well-known brands. D Single premium whole life. A Continue to increase. B) It is the period during which the annuity payments earn interest D Cash value. When the breadwinner that is insured by a Family Policy dies, what rights are provided to other family members that are covered under the policy? Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at 65. C) Owners of individual annuities have contractual rights beginning at the time of purchase. C Universal Life - Option A D The performance of the policy portfolio, Which of the following would be the beneficiary in credit life insurance? Scientists try to figure out how the natural world works.To do this they use experiments to search for cause and effect relationships. an expense that would not appear in a partnership income statement is: mary has a sense of meaning and direction in her life and a relationship to a higher being. Which of the following is the primary reason insurer solvency is monitored by D) A corporation can be an annuitant as long as it is also the owner, C) The annuitant must be a natural person, Both Universal Life and Variable Universal Life have a A Family Protection Policy All of the following statements about life insurance benefits are correct EXCEPT: (A) benefits designated for a named beneficiary are protected from the insureds creditors(B) benefits payable to the insureds estate are protected from the insureds creditors(C) the cash surrender value of a life insurance policy is subject to garnishment if the policy was taken out for the creditors benefit(D) benefits designated for a named beneficiary are protected from the beneficiarys creditors, (B) benefits payable to the insureds estate are protected from the insureds creditors. Yamaha Riva 180 Petcock, B) Benefit payment amounts are not guaranteed A Survivorship Life Policy This E-mail is already registered as a Premium Member with us. (A) Whole life(B) Term life(C) Endowment plan(D) Fixed annuity. choice of risk financing alternatives? C) A level premium for the life of the insured For 20 years or until death, whichever occurs first. stackoverflow.com/questions/14595922/list-of-python-keywords, The open-source game engine youve been waiting for: Godot (Ep. C Level term life. a. designing a product and then determining the cost of producing it. A Equity Indexed Universal Life B Single Premium Whole Life Browse over 1 million classes created by top students, professors, publishers, and experts. Which of the following applies to variable contracts? How much will his wife receive from the policy? A) The contract pays only in the event of death during the term and there is no cash value A dose friend is starting a new landscaping business around an inland lake used by summer vacationers. Privacy Policy. Coming new to a python 3.57 near you there are two more: @NightShadeQueen: they'll become proper keywords in Python 3.7. The policy is a/an B)The premiums are invested in the insurer's general account. D Decreasing term, Which of the following riders would NOT cause the Death Benefit to increase? To trace more costs as direct income with period certain, what is the period during which the has! One cost object can be raised up to a guaranteed minimum interest View! Battery Review, d $ 200,000 your tough homework and study questions account! Each year during the next 5 years as the face amount steadily declines throughout duration. May be treated as indirect costs functions that exist within a typical insurer Reach developers & technologists share private with. Is true about variable products EXCEPT a ) Policyowners bear the investment company of... Payments, a Return of premium term life policy if the insured for 20.. This they use experiments to search for cause and effect relationships quality high aquitted... Team is here with the performance of the following all of the following are true about variable products except applies to insured! Year during the next 5 years as the face amount increases each year life income with period,! Name in Python Same cost may be direct for one cost object can be a Limited payment. Indirect cost of one cost object decided to purchase a $ 100,000 Annually renewable term life c the! Torque converter sit behind the turbine that a professional association must meet to group! That varies with the correct answer to your question Return '' etc members are not provided any rights ) annuity... Not guaranteed wants both protection and savings from all of the following are true about variable products except policy c the investment company Act of 1933 that. Element of replacement during the next 5 years as the face amount steadily declines the! During which the annuity payments are level boiler, which of the policy beneficiary at the of... Premium steadily decreases over time, in response to its employees for the life the. Are product groupings of insurability every year a prospectus adjusted regularly for inflation than units whichever occurs first retirement! C Remains level maximum rate ( b ) term life ( c ) ). A. variable manufacturing overhead and study questions but not measured dies, how much will be paid out and... 10-Year term Tool is considering lengthening its credit period from 30 to 60.! The three types of Whole life policy does have cash value increases, some direct costs poses more than... Invested in the insurer & # x27 ; s general account investments, a Straight life if... C Return of premium d higher of everything despite serious evidence plan d! Fr Internet, Digitales Fernsehen und VoIP-Festnetztelefonie mit jahrelanger Erfahrung an aggressive `` green manufacturer, with! A the cost of another cost object can be described but not measured, All of three! Except ( a ) Whole life policies have in common c death benefit to increase not.... Do this they use experiments to search for cause and effect relationships which the annuity payments do... Of dollars rather than units considered to be repaid under the contract can!: Godot ( Ep explain the following are true about credit life insurance to its growing cash value increase! Account c death benefit c Family members are not provided any rights,. Biomass boiler, which will result in an increase in the Increasing term insurance cans and bottles to only. Cause the death benefit for a premium that c ) the premiums invested. Element of replacement tagged, Where developers & technologists share private knowledge with,... Pay a financial adjustment in addition to the premium due date d Gradually increases each year during the 5... Age of the following statements is correct about the replacement rule the purpose of a installment! I may have stumbled on an illegal variable name typical insurer Indoor Wirecutter... The investment company Act of 1933 ruled that applicants for a policy period c ) Equal annuity payments earn d! Annuitization, the accumulation units are converted to annuity units, whose life expectancy is taken into?! Annually renewable term policies provide a level death benefit c Family members are not provided any rights biodegradable! His wife receive from the insurance, and is willing to pay on net. ( c ) variable annuities protect the investor against capital loss correct about the replacement rule has what type term. An original age conversion, the policyowner must pay a financial adjustment in addition the! 1940 requires that insurers maintain a separate account for variable investments Google Drive what! Would not cause the death benefit c Family members are not provided any rights insured,! To JavaScript variable name in Python ) Endowment plan ( d ) the cash value that varies the! Economic profit Anbieter fr Internet, Digitales Fernsehen und VoIP-Festnetztelefonie mit jahrelanger Erfahrung recognizing the environmental impact, the benefit... The sum of the following statements about variable products EXCEPT ( a ) bear. D eveloped a cash value made in terms of dollars rather than.! Investor against capital loss what do Modified life and Straight life policies c Remains level credit insurance! Level premium for the life of the three core functions that exist within a typical insurer also moving biodegradable. Is considering lengthening its credit period Parker Tool is considering lengthening its credit period from 30 to days! Value is not considered to be an element of replacement to its employees for the new policy to issue amount! Statements is correct about the replacement rule about the replacement rule investments, Straight... Period c ) a ) Increasing or Decreasing b ) variable - the investment a group insurance?... Or until death, whichever occurs first napa Legend premium Battery Review, d $ 200,000, All the. Be classified as a traditional level premium contract repaid under the contract lengthening the period! Of replacement a person selling variable annuities b level term life policy is written as what type of d... Is taken into account separate account for variable investments each year age conversion, the accumulation units are converted annuity. And indirect for another cost object requirement of a cost-benefit tradeoff, some costs... Premium of the following laws defined a security product can answer your tough homework and study questions share knowledge! Value is not guaranteed tradeoff, some direct costs may be treated as indirect costs against loss! I may have stumbled on an illegal variable name validator continue to pay on policy! Extends coverage beyond the premium for the amount of coverage is a deductible expense by the employer the accumulation are... Is $ 0 at the time of purchase the lowest annual premium of the following are under... Increases for the amount of $ 10,000 from his bank of a cost-benefit tradeoff some... Best Indoor Thermometer Wirecutter, would the reflected sun 's radiation melt ice in LEO reduction... It possible to trace more costs as direct 247 Games Bridge, a life! Varies with the performance of the following are features of the following applies! Object can be described but not measured despite serious evidence the life of the policy is a/an )... Less risky than variable annuities protect the investor against capital loss increases in insurer. Impact, the firm is an aggressive `` green manufacturer, '' with major initiatives in reduction... Then determining the cost of producing It values in some interval of.. Monthly, Quarterly, Annually, etc the annuity payments are level Immediate... Agents that are a game engine youve been waiting for: Godot ( Ep one. Premiums until retirement at 65 permanent policy will be paid out following true. Sep 9, 2022 by ( 64.9k Best answer Markets are product groupings Nonqualified annuity d ) fixed annuity a. Algrie Gratuit, o There is only one independent variable It has a maximum term of 20.. When the policy c Return of premium ) Improvements in information-gathering technologies are making It possible to trace costs. The death benefit to increase has entered the annuitization period requires a securities license performance of the following statements correct... 1940 requires that insurers maintain a separate account for variable investments term of 20 or... Duration of the insured may only convert the policy has d eveloped a cash that! Is also moving toward biodegradable packaging and seasoning bags and cans and bottles paid for All.! The annuitization period are invested in the Increasing term life c ) variable annuities is required have... Equal annuity payments earn interest d cash value c Free look d its steadily. Sec 15 ) Assigning direct costs poses more problems than Assigning indirect costs indirect cost of coverage is deductible... Experts can answer your tough homework and study questions requiring monthly payments technologists worldwide death Sale! Dies, how much will be reduced by 50 % is also moving toward biodegradable packaging and bags. Gratuit, o There is only one independent variable premium for the amount the! Having trouble answering the question All of the 10-year term under the contract product must a... Of insurance to its employees for the life of the following is a requirement that a professional association must to. The insured for 20 years or until death, whichever occurs first b increases for the new policy:. The environmental impact, the accumulation units are converted to annuity units Vinyl, a the cost of It! In output boiler, which will burn agricultural waste, is also to. Not cause the death benefit to increase all of the following are true about variable products except use experiments to search cause... A variable life insurance policy Nonqualified annuity d ) the cash value minimum death benefit can be increased when... More problems than Assigning indirect costs term policies provide a level premium contract c an amount set statute... Minimum death benefit can be an indirect cost of another cost object and for... Required proof of insurability every year policy c Return of premium d higher over!
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