Study guides, Class notes & Summaries

XCEL Chapter 4 Exam Questions with Correct Answers (1) Last document update:   ago

XCEL Chapter 4 ExaDonald is the primary insured of a life insurance policy and adds a children's term rider. What is the advantage of adding this rider? A. Can be converted to permanent coverage without evidence of insurability B. Coverage can be different for each child C. Premiums on this rider are not required until the limiting age is reached D. Increases the policy's overall cash value - Answer-Can be converted to permanent coverage without evidence of insurability A renewable Term...

XCEL Chapter 4 Exam Questions with Correct Answers Last document update:   ago

XCEL Chapter 4 Exam Questions with Correct Answers Donald is the primary insured of a life insurance policy and adds a children's term rider. What is the advantage of adding this rider? A. Can be converted to permanent coverage without evidence of insurability B. Coverage can be different for each child C. Premiums on this rider are not required until the limiting age is reached D. Increases the policy's overall cash value - Answer-Can be converted to permanent coverage without evidence ...