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3 Cards in this Set

  • Front
  • Back

When must an issuer provide Medicare Supplement buyer guide and an outline of coverage

At time of application the insurer must provide a Medicare supplement buyer's guide an outline of coverage at the time of application

Universal Life provides increasing death benefit only if the applicant uses

Option b pays the face amount stated in the contract that is level term plus any cash value accumulated over the years this provides increasing an death benefit

Extended term

Cash surrender is nonforfeiture option that terminate the policy extended term continue the same coverage into the cash value from which the premium is paid is exhausted