All the following are standard life insurance dividend options EXCEPT
A) taking the dividend as an income tax-free cash distribution from the insurer
B) using the dividend to purchase a unit of paid-up whole life insurance
C) using the dividend to increase the base whole life policy's face amount
D) leaving the dividends with the insurer to accumulate at interest in a cash account"
Ans: C) using the dividend to increase the base whole life policy's face amount
Business
You might also like to view...
The division of an organization's work among its employees and the application of motivational theories to jobs to increase satisfaction are both part of job __________
a. design b. enlargement c. enrichment d. simplification
Business
A class can implement ________ interfaces shared with other classes
A) multiple B) single C) double D) none of the above
Business