230Class31-Test02%20Review%26iclicker

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Unformatted text preview: ccine costs $100. You have already met the annual deducZble. How much will the U of I Student Plan pay? A. B. $ 0 $ 50 C. $ 80 D. $100 E. None of the above Beneficiaries i>clicker John Doe names his wife Jane as a primary beneficiary and his children Jack and Jill as conZngent beneficiaries. John & Jane both die in a car accident. How are the policy proceeds split? A. B. C. D. E. Jane gets it all Everyone split it equally Jane gets 50%, Jack and Jill each get 25% Jack and Jill each get 50% None of the above Whole Life premium i>clicker Which form of whole life insurance for an equal amount of coverage would tend to be the least expensive in the first year for a 25 year old? A. B. C. D. E. A. B. C. D. E. Single premium whole life Whole life paid up at 90 Whole life paid up at 65 20 payment whole life Cannot tell based on the informaZon given Jane gets it all They split equally Jane gets 50%, Jack and Jill each get 25% Jack and Jill each get 50% None of the above i>clicker Life John Doe gets a $50,0...
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This note was uploaded on 01/30/2014 for the course FIN 230 taught by Professor Staff during the Fall '08 term at University of Illinois, Urbana Champaign.

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