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3 Cards in this Set
- Front
- Back
Universal life has how many death benefit options |
2 |
|
To be a qualified accelerated death benefit |
Must meet the following conditions a physician must give prognosis of 24 months to live or less life expectancy for the named insured the amount of benefits must be at least be equal to the present value of the insurer provides a monthly report for the insured showing the amount paid and amount remaining in life insurance policy |
|
The nonforfeiture option that provides protection to age 100 |
Reduced paid up |