Carl would like to purchase life insurance. He would also like to invest in a mutual fund. An agent told Carl about a form of life insurance in which Carl could select where the saving component is invested. This form of life insurance has fixed premiums and the cash value is not guaranteed. This type of life insurance is called

Do you have trouble answering the question “ Carl would like to purchase life insurance. He would also like to invest in a mutual fund. An agent told Carl about a form of life insurance in which Carl could select where the saving component is invested. This form of life insurance has fixed premiums and the cash value is not guaranteed. This type of life insurance is called ” related to the concept of Life Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.

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How is a family plan life insurance policy normally structured?

How is a family plan life insurance policy normally structured?

Do you have trouble answering the question ” How is a family plan life insurance policy normally structured? ” related to the concept of Life Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question. How is a family plan life insurance policy normally structured? Options Whole … Read more

When must insurable interest exist in a life insurance policy

When must insurable interest exist in a life insurance policy

When must insurable interest exist in a life insurance policy

a) It must continue for the life of the policy.
b) It must exist when a claim is submitted.
c) Insurable interest must exist only at the time the applicant enters into a life insurance contract.
d) If no insurable interest exists when a policyowner buys a life insurance policy, the contract may still be enforced.

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All of the following are considered appropriate uses of life insurance for business purposes except

All of the following are considered appropriate uses of life insurance for business purposes except

All of the following are considered appropriate uses of life insurance for business purposes except

 

a) Attracting quality employees by offering a group life plan
b) Funding an entity buy-sell agreement
c) Protecting the business by covering key employees with life insurance
d) Protecting the business by covering entry level employees with life insurance

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