If the Insured Lives to the End of the Policy

question 40

Multiple Choice

If the insured lives to the end of the policy period of an endowment insurance policy, the policy pays:

• A) nothing.
• B) one-half of the face amount of the policy.
• C) the face amount of the policy.
• D) double the face amount of the policy.

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Definitions:

Foreign Goods

Products or services produced in one country and sold in another.

Capital Account

An account of a country’s transfer of capital to or from other countries.

Public Land

Land owned by the government for public use or preservation.

Manufacturing Units

Facilities or factories where raw materials are transformed into finished products through the use of machinery, labor, and production processes.