life test

A producer takes applications from identical twins who want to buy the same type of policy in the same amount. The insurer issues the policies as applied for, but charges a 25 percent higher premium for one of the policies. The difference in premiums is probably due to which of the following factors? A.Incontestability A. Incontestability B.Insurable interest B. Insurable interest C.Consideration C. Consideration D.Risk classification D. Risk classification

D. Risk classification

A life insurance application is incomplete if it is missing the signature of which of the following? A.A revocable beneficiary A. A revocable beneficiary B.The president of the insurer B. The president of the insurer C.The proposed insured's primary care physician C. The proposed insured's primary care physician D.The proposed adult insured D. The proposed adult insured

D. The proposed adult insured

An individual who, for the purpose of collecting premiums, acts for another in negotiating a contract of insurance is considered to be: A.a principal A. a principal B.a broker B. a broker C.a solicitor C. a solicitor D.a producer D. a producer

D. a producer

An individual appointed by an insurance company to solicit applications for a policy of insurance on its behalf is known as: A.an adjuster A. an adjuster B.a consultant B. a consultant C.an insurance broker C. an insurance broker D.an insurance producer D. an insurance producer

D. an insurance producer

A contract that has as its basic function the systematic liquidation of accumulated assets through periodic payments is called an: A.indemnity contract A. indemnity contract B.investment contract B. investment contract C.endowment C. endowment D.annuity D. annuity

D. annuity

f an insured commits suicide after the Suicide clause in the insured's life insurance policy has expired, the insurer will take which of the following actions? A.Refuse to pay the Death benefit or refund any premiums A. Refuse to pay the Death benefit or refund any premiums B.Refund only the premiums paid B. Refund only the premiums paid C.Refund the premiums paid plus interest C. Refund the premiums paid plus interest D.Pay the Death benefit D. Pay the Death benefit

D. pay the death benefit

If an applicant for life insurance submits a completed application to a producer without paying the first premium, coverage becomes effective when the: A.producer accepts the application B.applicant successfully completes the medical examination C.insurer approves the application D.policy is delivered and the premium paid

D. policy is delivered and the premium paid

Under the Social Security Retirement Benefits, all of the following factors will influence how much a retiring individual will receive as a monthly income benefit EXCEPT the individual's: A.age A. age B."primary insurance amount" B. "primary insurance amount" C."fully insured" or "currently insured" status C. "fully insured" or "currently insured" status D.sex D. sex

D. sex

All of the following groups are considered eligible for group life insurance EXCEPT: A.veterans associations A. veterans associations B.credit unions B. credit unions C.labor union groups C. labor union groups D.volunteer religious groups D. volunteer religious groups

D. volunteer religious groups

Two business partners own life insurance on each other. If one partner dies, which of the following contracts will allow the other partner to buy 100 percent of the business interest? A.Buy and Sell Agreement A. Buy and Sell Agreement B.Key Employee Life policy B. Key Employee Life policy C.Survivorship Life C. Survivorship Life D.Joint and Several Annuity D. Joint and Several Annuity

A. Buy and Sell Agreement

Which of the following group life plans requires at least 75 percent of the eligible members to participate? A.Contributory A. Contributory B.Noncontributory B. Noncontributory C.Participating C. Participating D.Nonparticipating D. Nonparticipating

A. Contributory

Which of the following policy provisions states that the application is part of the policy? A.Entire contract A. Entire contract B.Ownership clause B. Ownership clause C.Nonforfeiture option C. Nonforfeiture option D.Assignment clause D. Assignment clause

A. Entire Contract

In the event of an insured's death, which of the following provides an income for the family during a designated period of time followed by a lump sum death benefit? A.Family Income rider B.Survivorship Life policy C.Joint Life policy D.Modified Life policy

A. Family Income rider

Which of the following types of insurance policies is EXEMPT from the Life Insurance and Annuity Replacement Rule? A.Group Life A. Group Life B.Convertible Term Life B. Convertible Term Life C.Ordinary Whole Life C. Ordinary Whole Life D.Universal Life D. Universal Life

A. Group life

A client needs a substantial amount of protection but has limited financial resources. Which of the following insurance policies would BEST meet the client's needs? A.Term Life A. Term Life B.Adjustable Life B. Adjustable Life C.Whole Life C. Whole Life D.Limited-Pay Life D. Limited-Pay Life

A. Term life

Which of the following persons is authorized to enforce state insurance laws? A.The Insurance Commissioner A. The Insurance Commissioner B.The state Attorney General B. The state Attorney General C.The Governor C. The Governor D.The state Auditor D. The state Auditor

A. The Insurance Commisioner

A policyowner names his wife as the primary beneficiary of his Universal Life policy on a revocable basis. He also names his three children as his secondary beneficiaries and his estate as his tertiary beneficiary. If the policyowner's wife predeceases him, and then he dies, who will receive the policy proceeds? A.The children A. The children B.The policyowner's estate B. The policyowner's estate C.The primary beneficiary's estate C. The primary beneficiary's estate D.The tertiary beneficiary D. The tertiary beneficiary

A. The children

Which of the following situations is considered rebating? A.A producer exaggerates the financial strength of the company to an insured. A. A producer exaggerates the financial strength of the company to an insured. B.A producer returns a portion of the commission to an insured. B. A producer returns a portion of the commission to an insured. C.An insurer pays an independent adjuster to settle a loss in favor of the company's insured. C. An insurer pays an independent adjuster to settle a loss in favor of the company's insured. D.An insurer pays excessive commissions to its producers. D. An insurer pays excessive commissions to its producers.

B. A producer returns a portion of the commission to an insured.

In which of the following contracts is the Death benefit called the principal sum? A.Survivorship Annuity A. Survivorship Annuity B.Accidental Death and Dismemberment (AD&D) B. Accidental Death and Dismemberment (AD&D) C.Decreasing Term C. Decreasing Term D.Joint Life D. Joint Life

B. Accidental Death and Dismemberment (AD&D)

If life insurance policy applicant is classified as a substandard risk, the insurance company will MOST likely: A.issue the policy with riders A. issue the policy with riders B.charge an extra premium B. charge an extra premium C.require an annual medical examination C. require an annual medical examination D.lower the rate per thousand charged D. lower the rate per thousand charged

B. charge an extra premium

An insurance producer who makes false statements that harm the reputation of another insurance company is guilty of: A.discrimination A. discrimination B.defamation B. defamation C.misrepresentation C. misrepresentation D.controlled business D. controlled business

B. defamation

An employer can deduct premium payments as an ordinary business expense for which of the following life coverages? A.Buy and Sell Agreements A. Buy and Sell Agreements B.Group B. Group C.Key Employee C. Key Employee D.Joint Life, if the business is named as the beneficiary D. Joint Life, if the business is named as the beneficiary

B. group

he PRIMARY purpose of an inspection report is to assess an applicant's: A.credit rating A. credit rating B.personal characteristics B. personal characteristics C.job performance C. job performance D.health profile D. health profile

B. personal characteristics

The right to change a beneficiary designation is reserved for the: A.beneficiary A. beneficiary B.policyowner B. policyowner C.insurer C. insurer D.insured D. insured

B. policyowner

An applicant's statements on an application are considered to be legal: A.warranties A. warranties B.representations B. representations C.guarantees C. guarantees D.waivers D. waivers

B. representations

P wants to name her husband as the beneficiary of her life policy. However, she wishes to retain all of the rights of ownership. P should have her husband named as the: A.irrevocable beneficiary A. irrevocable beneficiary B.revocable beneficiary B. revocable beneficiary C.secondary beneficiary C. secondary beneficiary D.tertiary beneficiary D. tertiary beneficiary

B. revocable beneficiary

In a life policy, a special benefit that prepays a portion of the death benefit during the lifetime of an insured in the event of a specified illness is called: A.an accidental death and dismemberment benefit A. an accidental death and dismemberment benefit B.an acceleration of life insurance benefit B. an acceleration of life insurance benefit C.a major medical benefit C. a major medical benefit D.a waiver of premium disability benefit D. a waiver of premium disability benefit

B.an acceleration of life insurance benefit B. an acceleration of life insurance benefit

In order for nonresident applicants to be eligible for an insurance producer license in this state, they MUST: A.reside less than twenty-five miles from the state border A. reside less than twenty-five miles from the state border B.hold a like license in another state B. hold a like license in another state C.plan to move to this state within six months after they submit their application C. plan to move to this state within six months after they submit their application D.maintain an office in this state D. maintain an office in this state

B.hold a like license in another state B. hold a like license in another state

In life insurance, the Free Look provision begins on the: A.effective date of coverage A. effective date of coverage B.policy delivery date B. policy delivery date C.date of application C. date of application D.date that the insurer issues the policy D. date that the insurer issues the policy

B.policy delivery date

A Variable Life contract must contain all of the following provisions EXCEPT: A.Reinstatement A. Reinstatement B.Nonforfeiture B. Nonforfeiture C.Accidental Death C. Accidental Death D.Grace Period D. Grace Period

C. Accidental Death

R has just graduated from law school. R knows that R's future earnings will be much higher than they are now, but wants to purchase a permanent policy now to cover future needs. Which of the following policies would BEST suit R's needs? A.Return of Premium Life A. Return of Premium Life B.Life Paid-Up at 65 B. Life Paid-Up at 65 C.Modified Whole Life C. Modified Whole Life D.Annual Renewable Term D. Annual Renewable Term

C. Modified Whole Life

Which of the following policy provisions provides for continuation of coverage despite nonpayment of premiums? A.Entire Contract A. Entire Contract B.Ownership clause B. Ownership clause C.Nonforfeiture Option C. Nonforfeiture Option D.Insuring clause D. Insuring clause

C. Nonforfeiture Option

Which of the following statements about replacement of existing life insurance is CORRECT? A.Replacement of a policy that has been in existence for more than ten years is prohibited. A. Replacement of a policy that has been in existence for more than ten years is prohibited. B.Replacement of group life insurance policies requires prior approval from the Insurance Commissioner. B. Replacement of group life insurance policies requires prior approval from the Insurance Commissioner. C.The Notice Regarding Replacement of Life Insurance or Annuity must be presented to an applicant no later than the date on which the policy is delivered. C. The Notice Regarding Replacement of Life Insurance or Annuity must be presented to an applicant no later than the date on which the policy is delivered. D.Both the applicant for insurance and the insurance producer must sign a statement stating whether existing insurance is to be replaced. D. Both the applicant for insurance and the insurance producer must sign a statement stating whether existing insurance is to be replaced.

D. Both the applicant for insurance and the insurance producer must sign a statement stating whether existing insurance is to be replaced.

The Insurance Commissioner may revoke or suspend a producer's license if the producer: A.is no longer producing a minimum amount of business A. is no longer producing a minimum amount of business B.has been indicted for a criminal offense B. has been indicted for a criminal offense C.has used the license principally to solicit corporate insurance C. has used the license principally to solicit corporate insurance D.has forged another person's name on an insurance application D. has forged another person's name on an insurance application

D. has forged another person's name on an insurance application

An insured owns a $10,000 policy with a $4,000 cash value and a 6 percent interest rate. On January 1, the insured borrows $500 and pays one year's interest in advance. During the year, the insured does not repay any part of the loan or interest. If the insured dies on December 31, the beneficiary will be entitled to a MAXIMUM of: A.$3,500 A. $3,500 B.$6,000 B. $6,000 C.$9,470 C. $9,470 D.$9,500 D. $9,500

D. $9,500

Which of the following terms refers to the transfer of some or all of the ownership rights of a life insurance policy from one individual to another? A.Nonforfeiture A. Nonforfeiture B.Endorsement B. Endorsement C.Transfer for value C. Transfer for value D.Assignment D. Assignment

D. Assignment

The Insurance Commissioner may examine the records of an insurance company at which of the following times? A.Only when a state court has ordered an examination A. Only when a state court has ordered an examination B.Only when consumer complaints against the company become unusually frequent B. Only when consumer complaints against the company become unusually frequent C.Only when the company is filing for reorganization C. Only when the company is filing for reorganization D.At any time the Insurance Commissioner sees fit D. At any time the Insurance Commissioner sees fit

D.At any time the Insurance Commissioner sees fit D. At any time the Insurance Commissioner sees fit

The major difference between a mutual insurance company and a stock insurance company is the: A.number of producers each is permitted to license A. number of producers each is permitted to license B.size of the cash reserves each is required to maintain B. size of the cash reserves each is required to maintain C.type of policies each markets C. type of policies each markets D.form of ownership each company is permitted D. form of ownership each company is permitted

D.form of ownership each company is permitted D. form of ownership each company is permitted

Which of the following statements is CORRECT about the Paid-Up Additions in a participating Whole Life policy?

They are purchased on an attained age basis

Which of the following annuities would BEST suit the needs of a 35-year-old factory worker who is concerned about inflation and wants to establish a retirement plan? A.A Single Premium Deferred Annuity A. A Single Premium Deferred Annuity B.A Single Premium Immediate Annuity B. A Single Premium Immediate Annuity C.A Level Premium Fixed Annuity C. A Level Premium Fixed Annuity D.A Flexible Premium Variable Annuity D. A Flexible Premium Variable Annuity

d . a flexible premium variable annuity

Which of the following statements about a Renewable Term policy is CORRECT?

it is renewable at the option of the insured

A contract that promises to pay an income to an insured until his/her death is called:

life annuity

Which of the following policies is an interest-sensitive form of permanent protection?

universal life

All of the following policies may be examples of third party ownership

-group life -split dollar life -key employee life

A life policy is usually contestable due to material misrepresentation on the application for a period of:

2 years

The Waiver of Premium provision of a life policy allows the insurer to take which of the following actions? A.Waive an insured's premiums if the insured becomes totally disabled before a certain age A. Waive an insured's premiums if the insured becomes totally disabled before a certain age B.Waive an insured's premiums if the insured becomes partially disabled for a minimum time B. Waive an insured's premiums if the insured becomes partially disabled for a minimum time C.Increase an insured's coverage at an attained age without imposing a premium increase C. Increase an insured's coverage at an attained age without imposing a premium increase D.Reduce an insured's premiums if the insured pays them annually instead of monthly D. Reduce an insured's premiums if the insured pays them annually instead of monthly

A. Waive an insured's premiums if the insured becomes totally disabled before a certain age

An insurance company formed under the laws of a state other than this state is known as: A.a foreign company A. a foreign company B.a reciprocal company B. a reciprocal company C.a domestic company C. a domestic company D.an alien company D. an alien company

A. a foreign company

All of the following elements must be included in a policy summary given to a purchaser of life insurance EXCEPT the: A.names and addresses of each beneficiary A. names and addresses of each beneficiary B.full name and address of the insurance company B. full name and address of the insurance company C.generic names of the basic policy and each rider C. generic names of the basic policy and each rider D.name and address of the insurance producer D. name and address of the insurance producer

A. names and addresses of each beneficiary

A type of annuity in which the cash values are invested in securities is called: A.Variable A. Variable B.Deferred B. Deferred C.Fixed C. Fixed D.Joint and survivorship D. Joint and survivorship

A. variable

Which of the following statements about Credit Life insurance is CORRECT? A.It may be provided through a group or individual policy. A. It may be provided through a group or individual policy. B.The face amount must exceed twice the amount of the debt. B. The face amount must exceed twice the amount of the debt. C.The premiums must be paid by the lender. C. The premiums must be paid by the lender. D.The lender may require that it be purchased through a particular insurance company. D. The lender may require that it be purchased through a particular insurance company.

A.It may be provided through a group or individual policy. A. It may be provided through a group or individual policy.

An individual may obtain a temporary insurance producer's license without passing the licensing examination if the individual: A.is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of kin B.is taking insurance courses at a university B. is taking insurance courses at a university C.has met the minimum experience requirement C. has met the minimum experience requirement D.holds a license in another state D. holds a license in another state

A.is a deceased licensed producer's next of kin A. is a deceased licensed producer's next of k

A producer may be guilty of misrepresentation if the producer: A.tells an insured the deductible on a policy is less than it actually is A. tells an insured the deductible on a policy is less than it actually is B.cancels a policy because of the insured's loss history B. cancels a policy because of the insured's loss history C.gives part of a commission to the applicant in order to make a sale C. gives part of a commission to the applicant in order to make a sale D.neglects to record information reported by an insured D. neglects to record information reported by an insured

A.tells an insured the deductible on a policy is less than it actually is A. tells an insured the deductible on a policy is less than it actually is

Which of the following statements is CORRECT about Group Life conversion privileges? A.Under the COBRA law, a departing employee may elect to remain a member of the Group Life plan for a limited period of time. A. Under the COBRA law, a departing employee may elect to remain a member of the Group Life plan for a limited period of time. B.Death during the conversion period is covered even if the departing employee chose not to convert the policy. B. Death during the conversion period is covered even if the departing employee chose not to convert the policy. C.A departing employee must individually pay the premium if the employee elects to be covered during the conversion period. C. A departing employee must individually pay the premium if the employee elects to be covered during the conversion period. D.If a departing employee elects to convert a life insurance policy, the insurer must offer Term insurance as one of the choices. D. If a departing employee elects to convert a life insurance policy, the insurer must offer Term insurance as one of the choices.

B. Death during the conversion period is covered even if the departing employee chose not to convert the policy.

An applicant for life insurance may question the validity and source of any consumer information developed under the: A.Medical Information Bureau Disclosure Act A. Medical Information Bureau Disclosure Act B.Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) B. Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) C.Equal Employment Opportunity Act C. Equal Employment Opportunity Act D.Medicare Act D. Medicare Act

B. Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)

The Life Insurance and Annuity Replacement Rule is designed for which of the following purposes? A.To prohibit the replacement of life insurance policies and annuities A. To prohibit the replacement of life insurance policies and annuities B.To ensure that policyowners receive adequate information on which to base a replacement decision B. To ensure that policyowners receive adequate information on which to base a replacement decision C.To protect the interests of insurance companies and their producers C. To protect the interests of insurance companies and their producers D.To regulate the replacement of group life insurance and group annuities D. To regulate the replacement of group life insurance and group annuities

B. To ensure that policyowners receive adequate information on which to base a replacement decision

Which of the following terms may be used in advertisements for life insurance? A.Charter Life Plan A. Charter Life Plan B.Universal Life Plan B. Universal Life Plan C.Interest Life Plan C. Interest Life Plan D.Investment Life Plan D. Investment Life Plan

B. Universal Life Plan

Reinstatement of a life insurance policy requires an insured to take all of the following actions EXCEPT: A.provide evidence of insurability B.make collateral assignment to the insurer C.pay back interest on any outstanding policy loan D.pay all past-due premiums

B. make collateral assignment to the insure

If an Adjustable Life policyowner makes an additional premium payment, the policy may be affected in all of the following ways EXCEPT the: A.premium paying period may decrease A. premium paying period may decrease B.value of the Nonforfeiture Options may decrease B. value of the Nonforfeiture Options may decrease C.face amount may increase C. face amount may increase D.length of coverage may increase D. length of coverage may increase

B. value of the Nonforfeiture Options may decrease

Which of the following retirement plans is tax-qualified? A.Key-person A. Key-person B.Defined contribution B. Defined contribution C.Section 457 deferred compensation C. Section 457 deferred compensation D.Split dollar life insurance D. Split dollar life insurance

B. Defined contribution

Which of the following provisions in a life policy specifies the manner in which proceeds will be paid to a beneficiary on the death of the insured? A.Nonforfeiture Options A. Nonforfeiture Options B.Settlement Options B. Settlement Options C.Conditions C. Conditions D.Modes of Payment D. Modes of Payment

B. Settlement OPtions

Which of the following statements is NOT correct about representations? A.They can be a part of the contract. A. They can be a part of the contract. B.They are true in every respect. B. They are true in every respect. C.They are assumed to be accurate. C. They are assumed to be accurate. D.They influence the insurer's acceptance of the risk. D. They influence the insurer's acceptance of the risk.

B. THey are true in every sapect

An insurance producer takes an application for a life insurance policy but does not collect the initial premium. On delivery of the policy to the proposed insured, the producer must collect the initial premium and which of the following? A.A copy of the MIB report A. A copy of the MIB report B.The insured's signed statement of continued good health B. The insured's signed statement of continued good health C.A copy of the conditional receipt C. A copy of the conditional receipt D.A copy of the temporary insurance agreement that covered the period between the application date and the delivery date. D. A copy of the temporary insurance agreement that covered the period between the application date and the delivery date.

B. The insured's signed statement of continued good health

Which of the following features allows an insurance policy to remain in force for a specified number of days beyond the premium due date? A.Reinstatement provision A. Reinstatement provision B.Nonforfeiture Option B. Nonforfeiture Option C.Grace Period provision C. Grace Period provision D.Consideration clause D. Consideration clause

C. Grace Period provision

The PRIMARY reason for selecting a Variable Whole Life policy instead of a traditional Whole Life policy is that the Variable Whole Life policy: A.provides flexible premium payments A. provides flexible premium payments B.allows the policyowner to borrow a larger percentage of the cash value B. allows the policyowner to borrow a larger percentage of the cash value C.has the potential to earn a higher rate of return on the cash value C. has the potential to earn a higher rate of return on the cash value D.allows the policyowner more flexibility in naming and changing beneficiaries D. allows the policyowner more flexibility in naming and changing beneficiaries

C. has the potential to earn a higher rate of return on the cash valuec

In life insurance, insurable interest must exist at the time the: A.producer delivers a policy B.proposed insured has a medical examination C.producer writes an application on a proposed insured D.beneficiary files a claim

C. producer writes an application on a proposed insured

An insured intentionally understates her age on her application for a life policy. At death, the insurer will take which of the following actions? A.Refuse to pay the claim based on material misrepresentation on the application A. Refuse to pay the claim based on material misrepresentation on the application B.Pay the face amount of the policy if the death occurred after the end of the incontestable period B. Pay the face amount of the policy if the death occurred after the end of the incontestable period C.Pay a reduced Death benefit based on the insured's actual age C. Pay a reduced Death benefit based on the insured's actual age D.Pay the stated Death benefit less the unpaid premium owed to the company as a result of the understated age. D. Pay the stated Death benefit less the unpaid premium owed to the company as a result of the understated age.

C. Pay a reduced Death Benefit based on the insured's actual age

All of the following provisions must be included in group life insurance policies issued in this state EXCEPT: A.Nonforfeiture A. Nonforfeiture B.Payment of Benefits B. Payment of Benefits C.Suicide C. Suicide D.Incontestable D. Incontestable

C. Suicide

Which of the following statements is CORRECT about insurance producers who fail to satisfy the continuing education requirements? A.They may be subject to a fine. A. They may be subject to a fine. B.They may be subject to legal prosecution. B. They may be subject to legal prosecution. C.Their licenses will be terminated. C. Their licenses will be terminated. D.Their licenses will be suspended. D. Their licenses will be suspended.

C. Their licenses will be terminated

At which of the following times MUST a life insurance applicant be informed of their rights under the Fair Credit Reporting Act? A.During the initial appointment B.When the insured's application is completed C.When the policy is delivery D.Upon initial premium receipt

C. When the policy is delivery

An insurance company doing business in this state must operate under: A.an advisory board A. an advisory board B.a resident board of directors B. a resident board of directors C.a certificate of authority C. a certificate of authority D.articles of incorporation filed with the Secretary of State D. articles of incorporation filed with the Secretary of State

C. a certificate of authority

If a policy contains a Guaranteed Insurability rider, the insured has the right to purchase: A.additional coverage when the insured reaches retirement age A. additional coverage when the insured reaches retirement age B.additional coverage whenever the insured changes jobs B. additional coverage whenever the insured changes jobs C.additional coverage at specified ages C. additional coverage at specified ages D.coverage on the insured's children within thirty-one days after they are born D. coverage on the insured's children within thirty-one days after they are born

C. additional coverage at specified ages

Controlled business is defined as insurance a producer writes on all of the following individuals EXCEPT the producer's: A.relatives A. relatives B.employees B. employees C.neighbors C. neighbors D.spouse D. spouse

C. neighbors

Federal income tax laws generally treat proceeds of life insurance policies as: A.graduated taxes B.deferred taxes C.nontaxable D.tax credits

C. nontaxable

When a producer submits an insurance application to the company, the producer must take all of the following actions EXCEPT: A.submit the initial premium, if it was collected A. submit the initial premium, if it was collected B.ensure any changes on the application were initialed by the applicant B. ensure any changes on the application were initialed by the applicant C.submit a completed medical information report C. submit a completed medical information report D.complete the producer's report D. complete the producer's report

C. submit a completed medical information report

A payor benefit rider provides which of the following benefits? A.A disability income benefit payable to the payor if the payor becomes disabled A. A disability income benefit payable to the payor if the payor becomes disabled B.A permanent waiver of premium should the payor die B. A permanent waiver of premium should the payor die C.A temporary waiver of premium should the payor die, until the insured reaches a predetermined age C. A temporary waiver of premium should the payor die, until the insured reaches a predetermined age D.A double indemnity Death benefit payable to the beneficiary upon the death of the payor D. A double indemnity Death benefit payable to the beneficiary upon the death of the payor

C.A temporary waiver of premium should the payor die, until the insured reaches a predetermined age C. A temporary waiver of premium should the payor die, until the insured reaches a predetermined a