Which of the following is true about administrative charges on an FPDA?
A) A front-end load is also called a surrender charge.
B) A front-end load is charged on each premium payment.
C) A front-end load is always higher than the back-end load.
D) By law an insurer can only charge a front-end load or a back-end load, but not both.
B
Business
You might also like to view...
Which of the following models are used to isolate variables and to suggest directions of relationships but are not designed to provide numerical results?
A) graphical models B) mathematical models C) verbal models D) technological models E) specific models
Business
The return on equity for Teague Industries is ________
A) 83.9% B) 53.7% C) 93.6% D) 65.5%
Business