The Settlement Option That Pays the Life Insurance Proceeds in Equal

question 11

Multiple Choice

The settlement option that pays the life insurance proceeds in equal periodic installments for a specified number of years after your death is called

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

---

Definitions:

Stamp Distributers

Individuals or entities tasked with distributing stamps, often in historical contexts related to taxes or postal services, such as the Stamp Act of 1765 which imposed a direct tax by the British Parliament on the colonies.

Grenville

Richard Grenville was a British naval commander and explorer remembered for his role in the early English attempts at colonizing Roanoke Island in present-day North Carolina.

Military Force

Military force is the combined armed services of a nation, including its army, navy, air force, and other armed services, used for defense or in combat operations.

Sons of Liberty

A secret revolutionary organization that was formed by American Patriots in the Thirteen Colonies to oppose British policies before the American Revolution.