Which of the following best describes what the annuity period is. Answer choices Only the principal amount will be paid out within a specified period of time.
What Is A Structured Settlement And How Do They Work
An insured has a primary group health plan and an excess plan each covering losses up to.
. Keeping this in consideration which of the following best describes fixed period settlement option. C Income is guaranteed for the full life regarding the beneficiary. The shorter the period of time the larger each installment c.
The death benefit must be paid out in a lump sum within a certain time period. There are four settlement options. The surviving beneficiary will continue receiving 23 of the benefit paid when both beneficiaries were alive An insured has chosen a 23 survivor as the settlement option.
Under the fixed period option also called period certain a specified period of years is selected and equal installments are. All of the following statements are true regarding installments for a fixed period annuity settlement option EXCEPT. Both the principal and interest will be liquidated over a selected period of time.
Which of the following best describes fixed-period settlement option. Which of the following best describes fixed period settlement options. The periodic payment amount is determined by the beneficiarys age b.
Rick is killed in an accident. The longer the period of time the smaller each installment. The interest option under which the insurer holds the proceeds and pays interest to the beneficiary until such time as the beneficiary withdraws the principal the fixed period option under which the future value of the proceeds.
There are many life insurance settlement options that can be confusing at first. Both the principal and interest will be liquidated over a selected period of time The primary beneficiary of her husbands life policy found that no settlement option was stated in. Which of the following best describes fixed period settlement options.
As a policyholder you can usually choose the settlement method you. Under the fixed period option also called period certain a specified period. Which of the following best describes fixed-period settlement option.
Both guarantee that the principal and interest will be full paid out. A settlement is the way in which your life insurance policy proceeds are paid out. Both the principal and interest will be liquidated over a selected period of time.
Which of the following would be TRUE of both the fixed-period and fixed-amount settlement options. A Only the principal amount is likely to be given out in just a period that is specified of. Which of the following best describes fixed-period settlement option.
Interest only fixed-period installments period certain fixed-amount installments and life income. Contributions to Roth IRAs are. Which of the following statements about the installments for a fixed period settlement option in life insurance policies is NOT true.
Of years is selected and equal installments are paid to the recipient. What Is True About Fixed Period And Fixed Amount Settlement Options The four most common alternative settlement approaches are. Both the principal and interest will be liquidated over a selected period of time.
Which of the following best describes the difference between joint life and joint and survivor annuity payment options. Which of this following best defines fixed-period settlement choice. Which of the following best describes fixed-period settlement option.
B The death advantage needs to be given out in a swelling amount within a time period that is certain. An applicant wants to buy a life insurance policy in which he can count on receiving the same benefits as stated in the contract. B The death advantage must certanly be given out in a lump sum in just a particular period of time.
An automatic premium loan is a policy loan provision. Both the principal and interest will be liquidated over a selected period of time. Under the fixed period option also called period certain a specified period of years is selected and equal installments are.
Your policy may pay out a lump-sum cash payment life income a fixed amount or interest paid periodically. Your answer is correct. Income is guaranteed for the life of the beneficiary.
Which of the following best describes an unfair trade practice of defamation. C Income is guaranteed for the full life associated with beneficiary. Which for the following best defines settlement option that is fixed-period.
His business partner who is not a licensed producer finds another producer that. The correct answer is. A Only the main amount is going to be given out within a period that is specified of.
Which type should he buy. Making derogatory oral statements about another insurers financial condition. Which of the following best describes fixed-period settlement option.
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