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3 Cards in this Set
- Front
- Back
When must an issuer provide Medicare Supplement buyer guide and an outline of coverage |
At time of application the insurer must provide a Medicare supplement buyer's guide an outline of coverage at the time of application |
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Universal Life provides increasing death benefit only if the applicant uses |
Option b pays the face amount stated in the contract that is level term plus any cash value accumulated over the years this provides increasing an death benefit |
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Extended term |
Cash surrender is nonforfeiture option that terminate the policy extended term continue the same coverage into the cash value from which the premium is paid is exhausted |