In a life policy, a special benefit that prepays a portion of the death benefit during the lifetime of an insured in the event of a specified illness is called:

In a life policy, a special benefit that prepays a portion of the death benefit during the lifetime of an insured in the event of a specified illness is called:



A.an accidental death and dismemberment benefit


B.an acceleration of life insurance benefit


C.a major medical benefit


D.a waiver of premium disability benefit



Answer: B

Comments

Popular posts from this blog

In insurance,

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need: