In addition to cash, life insurance death benefits can be paid under other settlement options. Briefly explain
Question:
a. Interest option
b. Fixed-period option
c. Fixed-amount option
d. Life income options
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a Under the interest option the policy proceeds are retained by the insurer and interest ...View the full answer
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Related Book For 
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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