When s died in 2008, the insurer paid the beneficiary 10,500, which. In this case, s purchased a whole life policy in 2003 and paid an annual premium of 100 for 5 years. S dies 5 years later in 2008 and the insurer pays the beneficiary $10,500.
Whole Life Insurance Policy Benefits, Prices, Types, Riders
The correct answer is return of premium rider.
S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100.
S dies 5 years later in 2008 and the insurer pays the beneficiary $10,500. The accidental death and dismemberment (ad&d) provision in a life insurance policy would pay additional benefits. Since the insurer paid out $10,500 upon s' death, and the policy was worth $10,000, that extra $500 most likely represents the five $100 annual premiums that s paid. What kind of rider did s include on.
S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100. S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100. S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100. What does the insuring agreement in a life insurance contract establish?
What kind of rider did s include on.
S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100. In this situation, a return of premium rider was included on the policy. S dies 5 years later in 2008, and the insurer pays the beneficiary $10,500. S dies 5 years later in 2008 and the insurer pays the beneficiary $10500.
This policy has since become a. Study with quizlet and memorize flashcards containing terms like s buys a $10,000 whole life policy in 2003 and pays an annual premium of $100. S dies 5 years later in 2008 and the insurer pays the beneficiary $10,500. S buys a $10000 whole life policy in 2003 and pays an annual premium of $100.
In the given scenario, 's' bought a whole life policy in 2003 for $10,000 and paid an annual premium of $100.
S died 5 years later in 2008 and the insurer pays the beneficiary $10,500. S buys a $10,000 whole life policy in 2003 and pays an annual. S dies and 5 years later in. S buys a $10,000 whole life policy in 2003 and pays an annual premium of $100.
What kind of rider did. Considering that s bought a $10,000 whole life policy in 2003, paid an annual premium of $100, and the insurer paid the beneficiary $10,500 upon their death in 2008, it's clear that this. When he died 5 years later, the insurer paid the beneficiary $10,500. What kind of rider did s include on.
What kind of rider did s include on.
In this scenario, s purchased a whole life insurance policy with a death benefit of $10,000 in 2003. What kind of rider did s include on.
