Which of the following statements regarding the accidental death benefit rider (also known as double indemnity) is true?
A) Adding the accidental death benefit rider doubles the premium for the policy.
B) Financial planners agree that adding the accidental death benefit rider is a wise purchase.
C) The economic value of a human life is doubled or tripled if death is caused by an accident, justifying the purchase of the rider.
D) The death benefit is doubled only if an accidental injury is the direct cause of death and death occurs prior to a specified age.
Answer: D
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Use the following information for Ephron Company to compute days' sales in inventory for Year 2. (Use 365 days in a year.) Year 2 Year 1Net sales$547,500$572,000Cost of goods sold 348,500 370,840Ending inventory 75,700 81,400
A. 50.5 B. 82.3 C. 76.8 D. 79.3 E. 52.4
The basic promotion objectives and adoption process fit very neatly with an action-oriented model, which is called the
A. DAGMAR model. B. bricks and clicks model. C. economic buyer model. D. AIDA model. E. bait and hook model.
Roger assaulted Jim in a tavern, causing medical expenses and lost wages. Which of the following is true?
A. Roger can be prosecuted by the state for a criminal offense, and Jim may sue him for money damages. B. If Roger is convicted of criminal assault, Jim is not allowed to sue him for money damages because that would violate the double jeopardy clause of the Constitution. C. If Jim refuses to press charges against Roger, the state cannot initiate a criminal proceeding against him. D. Jim can either elect to sue for money damages or proceed with criminal charges.
A debit is an amount that is added to an account and a credit is an amount that is subtracted from an account
Indicate whether the statement is true or false