Điều khoản hợp đồng nhân thọCâu 570 / 716
Electing to use policy dividends to buy paid-up additions will:
a.Reduce the base policy's death benefit dollar for dollar as each annual dividend is applied to the contract
b.Convert the base policy to term insurance
c.Pay the dividends out to the owner in cash each year
d.Purchase small amounts of additional permanent coverage that also build cash value
Giải thích
Paid-up additions use dividends to buy little blocks of fully paid permanent insurance, increasing both death benefit and cash value. This option adds coverage rather than reducing it, paying cash, or converting the policy.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- The automatic premium loan provision prevents a policy from lapsing by:
- When a policyowner requests a cash-value loan, the insurer:
- Policy dividends from a participating life policy are generally not taxable because they are treated as:
- The difference between the fixed-period and fixed-amount settlement options is that fixed-period:
- Under a life income settlement option, the size of each payment to the beneficiary depends primarily on the:
- An applicant pays the initial premium with the application and receives a conditional receipt. Coverage becomes effective:
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Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)