Who does the spendthrift clause in a life insurance policy protect?

A. The insured

B. The beneficiary

C. The policy owner

D. The creditors

Answer: B. The beneficiary

Accident and Health Insurance

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The pro rata liability clause is designed to protect the principle of
The two major actions required for a policyholder to comply with the Reinstatement Clause are
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Ambiguities in an insurance policy are always resolved in favor of the
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
What documentation grants express authority to an agent?
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All of the following entities regulate variable life policies EXCEPT
The pro rata liability clause is designed to protect the principle of
When the principal gives the agent authority in writing, it's referred to as
What is the benefit of choosing extended term as a nonforfeiture option?
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All of the following statements concerning dividends are true EXCEPT:
All of the following are true regarding rebates EXCEPT
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All of the following are elements of an insurance policy EXCEPT
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All of the following are true of key person insurance EXCEPT
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Life income joint and survivor settlement option guarantees
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What is the purpose of establishing the target premium for a universal life policy?
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What is the other term for the cash payment settlement option?
What documentation grants express authority to an agent?

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