Management Notes

Reference Notes for Management

G purchased a Family Income policy at age 40, The policy has a 20-year rider period. If G were to die at age 50, how long would G’s family receive an income?

G purchased a Family Income policy at age 40, The policy has a 20-year rider period. If G were to die at age 50, how long would G's family receive an income?

G purchased a Family Income policy at age 40, The policy has a 20-year rider period. If G were to die at age 50, how long would G’s family receive an income?

 Options:

  1. 5 years
  2. 10 years
  3. 15 years
  4. 20 years

The Correct Answer Is:

b. 10 years

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