A policyowner who cannot borrow the equity, change beneficiaries, assign a policy or stop paying premiums without the beneficiary's written consent has designated the beneficiary as a(n):
A. Revocable beneficiary.
B. Irrevocable beneficiary.
C. Defined beneficiary.
D. Primary Beneficiary.
Ans: B. Irrevocable beneficiary.
Business
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Because privately-owned firms do not have to account to stock analysts:
A) short-term profits may be more important than long-term growth. B) long-term profits may be more important than showing consistent positive quarterly returns. C) short-term sales growth may be more important. D) it is important to show consistent quarterly profit returns.
Business
Which is an example of conditional knowledge?
A) what new part is appropriate to fix a faulty car B) how to install a new part in a faulty car C) when to install a new part in a faulty car D) why a new part fixes a faulty car
Business