Tara Had a Life Insurance Policy with a Face Value

question 125

Multiple Choice

Tara had a life insurance policy with a face value of $150,000.At the time of her death,the policy had a cash value of $33,000,an outstanding loan of $4,000,and earned but unpaid dividends of $2,000.Assuming this is a typical policy,what death benefit would be paid to Tara's beneficiary?

• A)$146,000
• B)$150,000
• C)$148,000
• D)$152,000

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