What is the difference between basic life and supplemental life insurance?
What is the difference between basic life and supplemental life insurance?Basic life insurance policies are typically free and cover one...
LIFE
What happens to a life insurance policy when the owner dies?
What happens to a life insurance policy when the owner dies?At the death of an owner, the policy passes as...
Which of the following provides a death benefit if the insured individual dies before reaching a predetermined age?
Which of the following provides a death benefit if the insured individual dies before reaching a predetermined age?Term life insurance...
What is a survivorship benefit rider?
What is a survivorship benefit rider?Summary: Survivorship is a rider (optional feature that costs additional money) that couples can add...
Which type of life insurance policy pays the face amount?
Which type of life insurance policy pays the face amount?Endowment insurance Endowment insurance provides for the payment of the face...
Can 2 people be on the same life insurance policy?
Can 2 people be on the same life insurance policy?How are joint life insurance policies different from individual coverage? An...
Can there be 2 owners of a life insurance policy?
Can there be 2 owners of a life insurance policy?Many people never think about life insurance in any way other...
Can a husband and wife have a joint life insurance policy?
Can a husband and wife have a joint life insurance policy?A joint life insurance policy, also known as a dual...
What does joint life insurance mean?
What does joint life insurance mean?A 'joint' life insurance policy covers two lives, which sounds obvious but it's important to...
What happens if a beneficiary of a life insurance policy dies?
What happens if a beneficiary of a life insurance policy dies?The beneficiary is incapacitated by the time the insured person...
