Hi. can anyone help me with this questions?

1. Julian Lim and Poh Eng are considering buying a long-term care policy on Poh Eng's mother in case they need to place her in a long-term care facility. Which of the following steps can Julian Lim and Poh Eng take to hold down the annual premium of the coverage?

A. Select a long waiting period or elimination period.

B. Wait a few years before obtaining the coverage.

C. Add an inflation protection rider.

D. Choose a policy that has a lifetime benefit period.

2. Poh Eng's cousin, Theresa Goh, aged 63, has inherited $250 000 from her mother and wants to use the money as a retirement fund. Since her family has long life expectancies, she is concerned about running out of money in her old age. What kind of annuity is most appropriate for Thersea?

A. Straight life annuity

B. Life annuity with refund features

C. Life annuity with period certain

D. Temporary annuity

3. You have just sold Julian Lim a whole policy and pointed out to him that, in addition to providing the death benefit protection, the policy builds up a cash value. Julian Lim asks you where the cash value comes from. Which statements reflects accurately what you will tell him?

A. Insureds who discontinue their insurance contribute to a surplus fund

B. The interest rate actually earned exceeds the assumed interest rate

C. The net premium is greater than the mortality costs of the early years.

D. The mortality table used shows higher mortality than actual mortality.

4. Explain why Uberminae Fidei is important to the underwriting and issuing of contracts of insurance. How can the insurer protect itself if an applicant does not disclose material facts when applying for an insurance policy?

5. What is the difference between waiver of premium and total permanent disability benefits?