____ Is a Common Provision in Many Term Policies

question 16

Multiple Choice

____ is a common provision in many term policies.

• A)A reward clause
• B)A renewable clause
• C)Cash value
• D)A limited clause
• E)An arbitration clause

---

Definitions:

Securities Industry

A sector comprising firms and institutions that facilitate the issuance, buying, and selling of securities, like stocks and bonds, to finance businesses and investment opportunities.

Federal Government

The national government of a country, responsible for implementing and enforcing laws, and managing the country's affairs.

Equity Carve-out

A strategic corporate action where a company sells a percentage of the interest of a subsidiary to outside investors, thereby offering it publicly while retaining control.

Market Price

The current price at which an asset or service can be bought or sold.