Which of the following best describes the particular terms of the policy being applied for?
Buyers Guide
Policy Summary
Inspection Report
Information Statement
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Which rider provides coverage for a child under a parent’s life insurance policy?
Spouse term rider
Base insured rider
Payor benefit rider
Child term rider
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Which settlement option pays a stated amount to an annuitant, but no residual value to a beneficiary?
Interest Only
Fixed Period
Fixed Amount
Life Income
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What is the underlying concept regarding level premiums?
Level premiums build cash value quicker in the early years
The early years are charged more than what is needed
The early years are charged less than what is needed
Level premiums can only be paid annually
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