If the Policy Owner Decides to Terminate the Policy Prior

question 41

Multiple Choice

If the policy owner decides to terminate the policy prior to death,the cash value can be used in a variety of ways.What is this called?

• A)Non-forfeiture options
• B)Cash value options
• C)Participating options
• D)Settlement options

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Definitions:

Augmented Reality

A technology that superimposes computer-generated images on a user's view of the real world, providing a composite view that augments the real environment.

Virtual Reality

A simulated experience created with computer technology, which can replicate an environment or simulate a presence in real or imagined worlds.

Mainframes

High-performance computers used primarily by large organizations for bulk data processing, such as census, industry and consumer statistics, ERP, and financial transaction processing.

Big Data

A collection of data so large and complex that it is difficult to manage using traditional database management systems.