Which of the Following Best Describes Fixed-period Settlement Option

Predetermined length of time stated in the contract. The surviving beneficiary will continue receiving 23 of the benefit paid when both beneficiaries were alive An insured has chosen a 23 survivor as the settlement option.

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Under the fixed period option also called period certain a specified period of years is selected and equal installments are.

. Amount of interest. Both the principal and interest will be liquidated over a selected period of time. Which of the following best describes fixed period settlement options.

C Income is guaranteed for the full life associated with beneficiary. The interest option under which the insurer holds the proceeds and pays interest to the beneficiary until such time as the beneficiary withdraws the principal the fixed period option under which the future value of the proceeds. Which of the following determines the length of time that benefits will be received under the Fixed-Amount settlement option.

Home blog which of the following best describes fixed period settlement option. B The death advantage needs to be given out in a swelling amount within a time period that is certain. B The death advantage must certanly be given out in a lump sum in just a particular period of time.

If an insured withdraws a portion of the face amount in the form of accelerated benefits because of a terminal illness how will that affect the payable death benefit from the policy. A Only the principal amount is likely to be given out in just a period that is specified of. Under the fixed period option also called period certain a specified period of years is selected and equal installments are.

Which of the following best describes fixed-period settlement option. Both the principal and interest will be liquidated over a selected period of time The primary beneficiary of her husbands life policy found that no settlement option was stated in. What Is True About Fixed Period And Fixed Amount Settlement Options The four most common alternative settlement approaches are.

Answer choices Only the principal amount will be paid out within a specified period of time. B The death advantage needs to be given out in a swelling amount within a time period that is certain. Which of the following best describes fixed-period settlement option.

Which of the following best describes fixed period settlement options. A Only the main amount is going to be given out within a period that is specified of. The death benefit must be paid out within a certain time period.

The longer the period of time the smaller each installment. C Income is guaranteed for the full life regarding the beneficiary. Under the fixed-period option also called period certain a specified period of years is selected and.

Both the principal and interest will be liquidated over a selected period of time. An insured has a primary group health plan and an excess plan each covering losses up to 10000. Which of the following best describes fixed-period settlement option.

Of years is selected and equal installments are paid to the recipient. Vinay Kumar - July 23 2021. Both the principal and interest will be liquidated over a selected period of time.

Which of the following best describes fixed-period settlement option. Which of the following statements about the installments for a fixed period settlement option in life insurance policies is NOT true. Which of the following best describes fixed period settlement options.

Both the principal and interest are liquidated together over the selected period of time. Under the fixed period option also called period certain a specified period of years is selected and equal installments are paid to the recipient. Fixed settlement is when a home is sold and the buyer pays the seller the amount of the homes purchase price.

Size of each installment. Under the fixed period option also called period certain a specified period. Both the principal and interest will be liquidated over a selected period of time.

The shorter the period of time the larger each installment c. Which of the following best describes fixed period settlement option. Income is guaranteed for the life of the beneficiary C.

Also Know which of the following best describes fixed period settlement option. Which of the following best describes fixed-period settlement option. Which of the following best describes fixed-period settlement option.

Which of the following best describes fixed-period settlement option. A Both the principal and interest will be liquidated over a selected period of time. Which of this following best defines fixed-period settlement choice.

Which of the following best describes fixed period settlement options. Under the fixed-period option also called period certain a specified period of years is selected and equal installments are paid to the recipient. Also Know which of the following best describes fixed period settlement option.

Both the principal and interest will be liquidated over a selected period of time. The periodic payment amount is determined by the beneficiarys age b. Both the principal and interest will be liquidated over a selected period of time.

Which for the following best defines settlement option that is fixed-period. Both the principal and interest will be liquidated over a selected period of time.

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