Which of the following provisions in a life policy specifies the manner in which proceeds will be paid to a beneficiary on the death of the insured?

A.Nonforfeiture Options

B.Settlement Options

C.Conditions

D.Modes of Payment

Answer: B

Life Insurance

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No existing agent's license will be revoked until
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In an insurance contract, the applicant's "consideration" is the
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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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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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What is the benefit of choosing extended term as a nonforfeiture option?
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All of the following are true regarding rebates EXCEPT
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What documentation grants express authority to an agent?

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