CIPD QUESTIONS

FIN3150C1 Baker College Operation of Guaranteed Insurability Rider Questions

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In APA formatting, answer the following questions:

Explain briefly the operation of the guaranteed insurability rider, the waiver of premium rider, and the double indemnity rider.
List and describe briefly the various settlement options under life insurance contracts.
Explain briefly how annuity distributions are taxed.
Explain the purpose of the annuity contract in a financial plan.

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FIN3150C1 Baker College Operation of Guaranteed Insurability Rider Questions

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