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Know the various settlement options a policyowner may choose for the death benefit proceeds (e.g., lump sum, period certain annuity, life annuity, etc.) Be familiar

Know the various settlement options a policyowner may choose for the death benefit proceeds (e.g., lump sum, period certain annuity, life annuity, etc.) Be familiar with the most common riders available for life insurance: i. Waiver of premium ii. Guaranteed insurability option iii. Accidental death benefit iv. Family rider v. Accelerated death benefit

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