Which of these is considered to be a Living Benefit option in a life insurance policy?

A) Reinstatement
B) Waiver of premium
C) Accelerated death benefit
D) Payor benefit

Ans: C) Accelerated death benefit

Business

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A firm can retain more of its earnings if it can convince its stockholders that it will earn at least their required return on the reinvested funds

Indicate whether the statement is true or false

Business

If you wish to be cremated when you die, this request should be included in a

A) simple will. B) letter of last instruction. C) codicil. D) probate.

Business