The Settlement Option Chosen by Most Policyholders Is

question 34

Multiple Choice

The settlement option chosen by most policyholders is:

• A) lump sum.
• B) interest only.
• C) fixed amount.
• D) fixed time.
• E) life income.

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Definitions:

Plasticity

The tendency of new parts of the brain to take up the functions of injured parts.

Brain Compensate

The process by which the brain adjusts or alters its function in response to damage, injury, or developmental issues.

Dendrites

Extensions of neurons that receive messages from other neurons and are essential for processing information in the brain.

Redundancy

The state of being not or no longer needed or useful, often due to duplication.