Typically, the hardest part of drawing up a good alliance contract is negotiating termination

Of minority groups in the United States, __________________ own the most small businesses.

Fill in the blank(s) with the appropriate word(s).

Brian purchased a variable life policy and died 25 months after the issue date. It is then discovered that Brian understated his age on the application. What will the insurer do in regard to the payment of the death benefit to the beneficiary?

A. The death benefit will be reduced to reflect the age discrepancy. B. The policy will be rescinded and all premium paid will be refunded to the beneficiary. C. The full death benefit will be paid because the policy is over 2 years old. D. The death benefit will be paid to the estate of the insured for legal action