state sim puzzle
Across
- 3. intentionally lying to gain something of value
- 7. time during which premiums grow
- 8. mislead policyholder to surrender existing pol
- 9. time after due date before lapse
- 12. the gift that keeps on giving if beneficiary dies their kids receive portion
- 13. review policy for full premium refund
- 14. a risk that occurs while at the job.
- 17. responsible for annuity premium payments
- 18. this is considered a legal contract. Meant to give risk to the company for a premium
- 19. iss cov to too many pre exist cond
Down
- 1. payments do decrease face value
- 2. shown as 90 180 or 1 year benes start
- 4. termlife no interest is credited
- 5. maybe extra premium if included. Waives premium during times of disability
- 6. at work risk vary among insurers.
- 10. tax benefits in back end of retirement plan
- 11. cert of authority in state where will do biz
- 15. unplanned negative financial impact
- 16. percentage of charges insured will pay