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QUESTION 18 If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies,

QUESTION 18

  1. If a beneficiary wants to make sure that the life insurance proceeds being paid out are not exhausted before he or she dies, the beneficiary would choose which of the following settlement options?

    a.

    Income of a specific amount or income for a specific period

    b.

    Lump sum or income for life

    c.

    Income for life or interest income

    d.

    Interest income or income for a specific period

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