人寿保险基础第 393 / 716 题
Credit life insurance is generally structured as:
a.A deferred annuity purchased by the lender
b.Decreasing term that pays off the remaining loan balance if the borrower dies
c.A permanent whole life policy owned by the borrower's estate for long-term investment
d.A participating whole life policy sold to lenders as an investment vehicle
解析
Credit life insurance is typically decreasing term coverage tied to a loan; as the loan balance falls, so does the coverage, and if the borrower dies the remaining balance is paid to the creditor. It is not a permanent investment policy for the estate, not a participating whole life investment, and not an annuity. Its whole purpose is to retire a specific debt on the borrower's death, which is why a declining term benefit matched to the loan is used.
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同考点相关题目
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审核人 John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — 核实)