Lisa Does Not Want Her Life Insurance Policy Included in Her

question 40

Multiple Choice

Lisa does not want her life insurance policy included in her gross estate when she dies.Lisa can remove the life insurance policy from her estate if she does which of the following more than 3 years before she dies?

• A)borrow the cash value of the policy
• B)make an absolute assignment of the policy to someone else
• C)change the beneficiary to someone who does not have insurable interest
• D)select a lump sum settlement option and name her estate the beneficiary

---

Definitions:

Explanatory Model

A framework or approach used to understand the causes, diagnoses, and treatment plans for a patient's health condition from both the patient's and healthcare provider's perspectives.

Etiology of Illness

The study or analysis of the cause or origin of diseases or medical conditions.

Sickness Treatment

The medical management and care given to a patient for the purpose of curing or alleviating symptoms of diseases or disorders.

Cultural Knowledge

Obtaining knowledge of other cultures; gaining sensitivity to, respect for, and appreciation of differences.