Disposiciones de Pólizas de VidaPregunta 555 de 716
A spendthrift clause attached to a life insurance settlement is designed to:
a.Reduce the premium the policyowner is charged in exchange for restricting the beneficiary's access to the settlement funds
b.Increase the death benefit paid to the beneficiary
c.Protect the settlement proceeds from the beneficiary's creditors and from being spent all at once
d.Let the beneficiary immediately withdraw the entire lump sum
Explicación
A spendthrift clause keeps proceeds held under a settlement option out of reach of the beneficiary's creditors and prevents the beneficiary from squandering or assigning them in a lump sum. It neither raises the benefit nor lowers the premium.
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- The waiver of premium rider typically begins paying the policy's premiums only after:
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)