In addition to cash, life insurance death benefits can be paid under other settlement options. Briefly explain the following settlement options. a. Interest option b.

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In addition to cash, life insurance death benefits can be paid under other settlement options. Briefly explain the following settlement options.
a. Interest option
b. Fixed-period option
c. Fixed-amount option
d. Life income options

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a Under the interest option the policy proceeds are retained by the insurer and interest ... View full answer

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In addition to cash, life insurance death benefits can be paid under other settlement options. Briefly explain the following settlement options. a. Interest option b.

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