.png){kind=logo}
Below are sample Questions and Answers:
ï¶guaranteed insurability rider: If a life policy owner to make periodic additions to the face
amount at standard rates, without proving insurability, the policy includes a
ï¶The insured age at death: The insured had his wife named as the
ï¶accelerated benefits: riders attached to life insurance policies that allow death benefits to be
used to cover nursing or convalescent home expenses
ï¶accidental death benefits: a policy rider that states that the cause of death will be analyzed to
determine if it complies with the policy description of accidental death
ï¶accidental death insurance: an insurance policy that provides payment if the insured's
death is the result of an accident
ï¶accumulation period: the time before an annuitant's retirement during which the annuitant is
making payments or investments in an annuity
ï¶actual cash valve (ACV): the required amount to pay damages or for property loss. This
amount is calculated based on the property's current replacement value minus depreciation
ï¶adhesion: a contract offered on a "take-it-or leave-it" basis by an insurer, in which the
insured's only option is to either accept or reject the contract. Any ambiguities in the contract
will be settled in favor of the insured
ï¶adjustable life: life insurance that permits changes in the face amount, premium amount,
period of protection, and the duration of the premium payment period
ï¶ adjuster: A representative of an insurance company who investigates and acts in the behalf
2 / 12
of the company to obtain agreements fir the amount of the insurance claim
.png)