17. Which of the following insurance plans allows for immediate cash value? (1 Point) A-Continuous premium plan B-Limited payment plan C-Single premium plan

16. Which of the following insurance plans requires lifetime premium payments? (1 Point) OA- Continuous premium plan O B-LUmited payment plan c-Single premium plan d-None of the
above 44% 3.2% 21. Alia is 55-year-old female. Her annual premium (P) is $1,100 for a $100,000 whole-life policy. The cash surrender value of her policy at the end of the most recent completed policy year was $4,400; the previous year, it was $3,800. The annual dividend for the most recent policy year was $40, and she uses the list of benchmark prices to determine the assumed yearly price per $1,000 of protection. She wants to find out if the rate of return she's receiving on the savings component of her policy is reasonable using the yearly rate of return method, how much her rate of return estimation : ( hint: use life tables to get YPT ) * ( 1 Point ) -17.7% None of the above

Answer rating: 100% (QA)

17 A Continuous premium plan allows for immediate cash value 16 OA Continuous premium plan re... View the full answer