Delaware life insurance - Study guides, Class notes & Summaries

Delaware Life Insurance Exam Terms (Questions and Answers) 2024 Accelerated Benefits - CORRECT ANSWER-Riders attached to life insurance policies which allow death benefits to be used to cover nursing home expenses or convalescent home expenses Accidental Death Benefits - CORRECT ANSWER-A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death Accidental Death Insurance - CORRECT ANSWER-An insurance ...

Delaware Life Insurance Exam Study Questions with Complete Solutions What is the benefit of choosing extended term as What is the benefit of choosing extended term as a nonforfeiture option? - Correct Answers It has the highest amount of insurance protection Upon the death of the insured, the primary beneficiary discovers that the insured chose the interest only settlement option. What does this mean? - Correct Answers The beneficiary will only receive payments of the interest earned on th...

Delaware Life Insurance Practice Exam Questions and Answers 2024 P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary B.revocable beneficiary C.secondary beneficiary - CORRECT ANSWER-B A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract B.investm...

Delaware Life Insurance Exam -With 100% verified solutions -tutor verified

Accelerated Benefits - correct answer Riders attached to life insurance policies which allow death benefits to be used to cover nursing home expenses or convalescent home expenses Accidental Death Benefits - correct answer A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death Accidental Death Insurance - correct answer An insurance policy that provides payment if the insured's death is the result of ...

Delaware Life Insurance Exam Questions and Answers 100% Pass What is the benefit of choosing extended term as a nonforfeiture option? - Correct Answer ️️ -It has the highest amount of insurance protection Upon the death of the insured, the primary beneficiary discovers that the insured chose the interest only settlement option. What does this mean? - Correct Answer ️️ -The beneficiary will only receive payments of the interest earned on the death benefit If a life insurance policy...

DELAWARE LIFE INSURANCE EXAM TERMS!!! QUESTIONS AND ANSWERS 2024

Delaware Life Insurance with 100% correct answers

Delaware Life Insurance Exam -With 100% verified solutions -tutor verified

DELAWARE LIFE INSURANCE EXAM QUESTIONS AND ANSWERS 2024