Which of the Following Statements About the Ownership of a Life

question 62

Multiple Choice

Which of the following statements about the ownership of a life insurance policy is (are) true?
I.Under the ownership clause,the policyholder and beneficiary equally share all contractual rights in the policy while the insured is living.
II.The policyholder can designate a new owner by filing an appropriate form with the insurance company.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Music Revenue

Income generated from the music industry, including sales of albums, streaming services, concerts, and licensing fees.

Physical Products

Tangible items that can be bought, sold, and used by consumers, differing from services or digital products.

Media Economy

A subset of the economy concerned with the production, distribution, and consumption of media goods and services.

News Outlets

Organizations that gather, report, and distribute news to the public via various mediums like newspapers, television, and the internet.