An example of naming a beneficiary by class would be

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An example of naming a beneficiary by class would be

"To the children born of my union with Ned Jackson: David Jackson, Jennifer Jackson, and Scott Jackson"
"To the child born of my union with Ned Jackson: Scott Jackson"
"To the children born of my union with Ned Jackson"
"To Ned Jackson"

Answer: "To the children born of my union with Ned Jackson"

Life Insurance Premiums Proceeds and Beneficiaries

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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Which of the following terms best describe the coverage provided by term policies, as compared to any other form of protection?
All of the following are considered limited lines of authority EXCEPT
What is the other term for the cash payment settlement option?
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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called a(n)
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What rule is used to determine the importance of a representation?
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How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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What is the benefit of choosing extended term as a nonforfeiture option?
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Who is responsible for assembling the policy forms for insureds?
Life income joint and survivor settlement option guarantees
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The requirement that agents not commingle insurance monies with their own funds is known as
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What documentation grants express authority to an agent?

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