Barbara's policy includes a rider which allows her to purchase additional insurance at specific dates or events without evidence of insurability. This rider is called a(n)

A) Guaranteed insurability rider
B) Payor rider
C) Endowment rider
D) Family income rider

Ans: A) Guaranteed insurability rider

Business

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The least attention is given to chains' branches in which retail organizational form?

a. franchise organization b. main store control organization c. separate store organization d. equal store organization

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In order to send your first child to Law School when the time comes, you want to accumulate $40,000 at the end

of 18 years. Assuming that your savings account will pay 6% compounded annually, how much would you have to deposit if: a. you want to deposit an equal amount at the end of each year? b. you want to deposit one large lump sum today?

Business