A Dividend Option That Allows the Policyowner to Purchase 1-Year

question 26

Multiple Choice

A dividend option that allows the policyowner to purchase 1-year term insurance is referred to as the

• A)fifth dividend option.
• B)policy loan dividend option.
• C)paid-up additions dividend option.
• D)family protection dividend option.

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Definitions:

Actual Arguments

The actual values or expressions passed to a function or procedure at the time of call.

Pass By Value

A method of passing arguments to functions where the actual data is copied, ensuring that the original data remains unchanged.

Pass By Reference

A method of passing arguments to functions where the function can modify the actual value of the variable by having its address.

Actual Parameters

The actual values or expressions passed to a function during a function call.