A provision that allows a policyowner to withdraw a policy's cash value interest free is a(n)

A) partial surrender
B) waiver of premium
C) automatic premium loan
D) grace period

Ans: A) partial surrender

Business

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An unfavorable flexible - budget variance for variable costs may be the result of

a. using more input quantities than were budgeted. b. paying higher prices for inputs than were budgeted. c. selling output at a higher selling price than budgeted. d. both (a) and (b).

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Which of the following sources of performance data might lead to retaliatory consequences against employees if not managed properly?

a. Supervisors. b. Coworkers. c. Subordinates. d. Customer.

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