Weekend Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

Dennis, aged 56, is an actuary.

IFSE Institute LLQP Full Course Access
IFSE Institute LLQP View All Questions

Dennis, aged 56, is an actuary. He owns both a disability insurance policy and a renewable term life insurance policy. His life insurance policy includes a supplementary benefit: the waiver of premium for total disability benefit. Following a motorcycle accident, Dennis suffers a traumatic brain injury. His disability benefits begin after the waiting period. While receiving those benefits, his term life insurance policy comes up for renewal.

How will the supplementary benefit included in that policy help Dennis?

A.

It will pay the premiums for the disability insurance.

B.

It will increase the amount Dennis receives as a disability benefit.

C.

It will pay his life insurance premiums up until the policy's renewal, but not after.

D.

It will pay his life insurance premiums before and after the policy's renewal, so long as he is disabled.

LLQP PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now LLQP pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
Jeremy, aged 35 and Emily, aged 40, are common law spouses and have 3 children,...
Axel owns a $150,000 whole life insurance policy with an accumulated cash surrender value (CSV)...
Previous