Solved:
Answered by AI, Verified by Human Experts
Which of these is an accurate statement regarding the fixed period settlement option on a life insurance policy?a. a portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policyb. payment can be adjusted monthly by the beneficiaryc. a portion of the payments paid to the beneficiary comes from interest generated from policy loansd. payments are normally guaranteed for 10 years or moree. a portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policy
Which of these is an accurate statement regarding the fixed period settlement option on a life insurance policy?a. a portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policyb. payment can be adjusted monthly by the beneficiaryc. a portion of the payments paid to the beneficiary comes from interest generated from policy loansd. payments are normally guaranteed for 10 years or moree. a portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policy
A death benefit will be paid tobeneficiariesof whole life insurance policies with the assurance of payment in exchange for level, recurring premiumpayments. The agreement contains a...What are the 3 beneficiaries?A death benefit will be paid to beneficiaries of whole lifeinsurancepolicies with the assurance of payment in exchange for level, recurring premium payments. Theagreementcontains a...The person (or individuals, or organisations) youdesignateto receive your possessions after your death is known as a primary beneficiary. In the event that the primary beneficiary passes away, a contingent beneficiary will be the next in line to receive your assets. Any assets that aren't specifically designated for another beneficiary go to the residuary beneficiary.The funds are delivered directly to your beneficiary, bypassing your estate and helping you save time and money. There are threedifferentcategories of beneficiaries: contingent, revocable, and irrevocable.To know more aboutpaymentsvisit;brainly.com/question/15136793?#SPJ4...