Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 of 2 0 Eva Vasquez is the policyowner - insured of a life insurance policy from the Longview Insurance Company. According to the terms

1 of 20
Eva Vasquez is the policyowner-insured of a life insurance policy from the Longview Insurance Company. According to the terms of a
supplemental benefit in Ms. Vasquez's policy, Longview will pay Ms. Vasquez 60% of the policy's face amount if she has a physician-certified
life expectancy of less than 12 months. This information indicates that Ms. Vasquez's policy contains a type of
A. Accelerated death benefit known as a terminal illness benefit
B. Accelerated death benefit known as a critical illness benefit
C. Long-term care (LTC) benefit known as a terminal illness benefit
D. Long-term care (LTC) benefit known as a critical illness benefit
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Derivatives And Risk Management

Authors: Don M. Chance, Robert Brooks

10th Edition

130510496X, 978-1305104969

More Books

Students also viewed these Finance questions