The Settlement Option That Pays the Life Insurance Proceeds to the Beneficiary

question 25

Multiple Choice

The settlement option that pays the life insurance proceeds to the beneficiary for as long as she or he lives is called

• A) Lump-sum payment.
• B) Limited installment payment.
• C) Final life payment.
• D) Life income option.
• E) Proceeds left with the company.

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Definitions:

Cultural Beliefs

Shared values, norms, and practices that are learned from society and guide behavior and perceptions.

Interpersonal Violence

Violence that occurs between individuals who know each other, such as partners, family members, friends, or colleagues.

Frustration-Aggression Hypothesis

The hypothesis that every frustration leads to some form of aggression and every aggressive act is due to some prior frustration.

Accidentally

Occurring by chance, without intent or planning.