人寿保险基础第 407 / 716 题
Modern traditional whole life policies are typically designed to mature (endow) at approximately:
a.Age one hundred twenty-one
b.Age sixty-five in modern policies
c.Age forty
d.Age thirty
解析
Modern whole life policies are generally designed so the cash value equals the face amount and the policy endows at about age 121, reflecting today's longer life expectancies; older policies commonly used age 100. Ages such as sixty-five, forty, or thirty are far too early for whole life to mature and would not allow the cash value to grow into the face amount. The maturity (endowment) age matters because that is when the policy pays out even if the insured is still living.
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同考点相关题目
- Before completing the sale of a variable life insurance policy, the producer is required to deliver to the applicant a:
- A family income policy combines a whole life base with:
- A juvenile life policy often includes a payor benefit rider, which:
- A guaranteed-issue final expense policy that pays only a portion of the face amount if death occurs within the first two years is using a:
- An indexed universal life (IUL) policy credits interest to its cash value based on:
- When a term policy is converted to permanent coverage using the 'attained age' method, the new premium is based on:
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审核人 John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — 核实)