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.

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Definitions:

Disease

A condition that impairs normal body function, caused by genetic, nutritional, environmental, or pathogenic factors.

Illness

A state of being in poor health or experiencing an ailment, disease, or sickness.

Psychological Disorders

Mental health conditions characterized by changes in thinking, mood, or behavior associated with distress or impaired functioning.

Sick Role Behavior

Those activities undertaken by people who have been diagnosed as sick that are directed at getting well.