Examlex

Solved

What Is the Benefit That Provides a Fixed Lump-Sum in Addition

question 63

Multiple Choice

What is the benefit that provides a fixed lump-sum in addition to life insurance when death is unintentional?


Definitions:

Quorum

The minimum number of members needed to be present at a meeting to make the proceedings of that meeting valid.

Substantial Portion

Refers to a significant part or quantity of something, usually in comparison to the whole.

Corporate Assets

Resources owned by a corporation that have economic value and can be used to meet debts, commitments, or investments.

Articles Of Incorporation

These are formal documents filed with a governmental body to legally document the creation of a corporation.

Related Questions