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INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 73

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-A [viatical settlement | guaranteed purchase option] is when an insured sells an interest in the life insurance policy to an investor,who then becomes the policy's beneficiary.


Definitions:

Antibody

A protein produced by the immune system that recognizes and binds to specific foreign substances, such as pathogens, to help neutralize or destroy them.

Virus

A virus is a microscopic infectious agent that replicates only inside the living cells of other organisms, potentially causing disease.

Allergic Reaction

An allergic reaction is an immune system response to a usually harmless substance, resulting in symptoms ranging from mild irritation to severe anaphylaxis.

Allergen

A substance that can cause an allergic reaction by stimulating the immune response in susceptible individuals.

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