Which of the following is not a settlement option for life insurance?

A) Lump-sum settlement
B) Deferred-value settlement
C) Installment payments settlement
D) Interest payments settlement

Answer: B

Business

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All of the following provisions are normally included in a maintenance contract except:

a. A schedule of frequency of work and specific duties b. a cancellation clause c. specific fees for the work to be done d. automatic renewal

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Indicate whether the statement is true or false

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