51. A man with moderate means can have maximum protection possible through
*
a. 20 Yr. Endowment
b. Limited Pay Life
c. Term Insurance
d. Whole Life Insurance
52. Mr. Juan Valdez wants a policy which will entitle him to receive dividends yearly. What will you recommend to Mr. Valdez?
*
a. Participating
b. Non-participating Plans None of the above
c. Term Insurance
d. None of the above
53. Which of the following can give the longest protection?
*
a. 20 Yr. Endowment
b. Endowment at 65
c. Ordinary Life
d. 20 Yr. Term
54. A participating plan entitles the policyowner to receive a return of excess premium. Such is termed as:
*
a. endowment
b. dividends
c. cash value
d. cash surrender value
55. Mrs. Rose Cortez owns a policy which does not provide for the build up of cash values and whose premiums remain level. Mrs. Cortez owns:
*
a. Ordinary Life
b. Limited Pay Life
c. Decreasing Term
d. Level Term
56. Two attractive features of a Term insurance are:
*
a. convertibility and cash values
b. cash values and dividends
c. protection and dividends bility and renewability
d. convertibility and renewability
57. A term policy only offers
*
a. cash values
b. protection
c. savings
d. dividends
58. The savings element of permanent plans allows for the build up of
*
a. dividends
b. cash values
c. maturity benefits
d. death benefits
59. A term rider is
*
a. a term policy with a waiver of premium
b. another name for a convertible term policy
c. a renewable term policy
d. a term insurance added to a permanent plan
60. An optional rider which can be attached to a policy stopping further premium payment in the event of disability is called
*
a. policyholder protection clause
b. accidental death and dismemberment
c. waiver of premium
d. total disability monthly income