When an accidental death benefit is added to a whole life policy, how does this affect the policy's cash value?
A) Increases the policy's cash value
B) Decreases the policy's cash value
C) Policy's cash value is not affected
D) Policy loans will no longer be available
Ans: C) Policy's cash value is not affected
Business
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A policy pays the face amount if the insured dies before a specified date, or lives to that specified date. This best describes:
A. Term Insurance B. Social Security C. An endowment policy D. An annuity
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Validation determines that the computer procedure is operating as it is intended to operate
a. True b. False Indicate whether the statement is true or false
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