The beneficiary under key person life insurance normally is the:

	a.	estate of the insured
	b.	key person's spouse
	c.	key person
	d.	the employer

2.

Assuming the insured does not die, the guaranteed cash surrender value of a 30 payment whole life policy will equal the face of the policy

	a.	when the policy matures at age 100 or later.
	b.	when premiums are no longer payable.
	c.	30 years after policy issue.
	d.	never.