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Life Insurance
?
The policyowner wants to make sure that upon his death, the life policy will pay a portion of the proceeds annually to his spouse, but their children when they reach a certain age. Which settlement option should the policyowner choose?
Life income with period certain
Interest only option
Joint and survivor
Fixed amount option
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
Interest only option
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