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

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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

Answer: c) Accelerated death benefit

WA Life Insurance

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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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In insurance,

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A domestic insurer issuing variable contracts must establish one or more
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The two major actions required for a policyholder to comply with the Reinstatement Clause are
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In an insurance contract, the applicant's "consideration" is the
Agents may be found guilty of defamation if they make a false statement that is intended to?
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
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All of the following statements are true regarding installments for a fixed amount EXCEPT
Fraternal Benefit Society has each of the following characteristics EXCEPT
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A securities license is required for a life insurance producer to sell
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Purchasing a life insurance policy in order to avoid the forced sale of assets upon death is called
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All of the following are true regarding rebates EXCEPT
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