Which of the Following Offers Many Features,including a Stepped-Up Death

question 171

Multiple Choice

Which of the following offers many features,including a stepped-up death benefit,a guaranteed minimum income benefit,or long-term care insurance?

• A)whole life insurance.
• B)term life insurance.
• C)modified life insurance.
• D)single-premium insurance.
• E)a variable annuity.

---

Definitions:

Settlement Terms

Conditions that are agreed upon by parties to resolve a dispute or a lawsuit, often involving compromises or payments.

Bargaining Obligation

The legal responsibility of employers and unions to negotiate in good faith over terms and conditions of employment, including wages, hours, and working conditions.

Impasse

A situation in negotiations where no agreement can be reached because the parties involved cannot find a solution to their differences.

Recognition Strike

A strike action undertaken by workers to compel an employer to recognize their union as the official bargaining agent.