Which policy typically has higher premiums? Straight life insurance a C b Universal life insurance Limited-payment life insurance C C Term life insurance d Robert has a $200,000 life insurance policy naming his minor children as beneficiaries. In a fit of anger Robert kills Joni, his business partner, and Robert receives the death penalty. He is executed for his crime. In most states will Robert's children be able to collect the life insurance proceeds? c No a C Yes b c No, except for an allowance for necessaries with the balance going to Marcy's heirs. c C a No all the proceeds will go to a state administrated crime victims fund Charles wants to be able to foreclose upon land without going to court. Charles should use amortgage a b a security agreement c a grant deed a deed of trust d In a "seller take-back' mortgage, who provides financing? A governmental sey a The seller Aprivate landet d The buyer