Explain the four primary life insurance policy settlement options available to the beneficiary.

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Question Posted: Jan 13, 2016 01:42 AM

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Explain the basic settlement options available for the payment of life insurance proceeds upon a persons death.
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Explain the four primary life insurance policy settlement options available to the beneficiary.

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Lumpsum settlement option Beneficiary receives policy proceeds in a single lump sum It allows the be...View the full answer

Personal Finance Turning Money into Wealth

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