3 Emma u go years old and she owns a 300,000 (T-100) Life INS Palicy on her Life in which her Daughter Ava is the designated beneficiary. Ava wants to know What happens to the policy ofter Emma teln 100, Which of the following is the Least Likely outcome ?! Emma will not be Required to pay premiums an any more. B The policy expires and the premiums will be refunded. Ava will Receive the 500,000 Benefit amount. will continue Until Emm'a's Death C Ch
3 Emma u go years old and she owns a 300,000 (T-100) Life INS Palicy on her Life in which her Daughter Ava is the designated beneficiary. Ava wants to know What happens to the policy ofter Emma teln 100, Which of the following is the Least Likely outcome ?! Emma will not be Required to pay premiums an any more. B The policy expires and the premiums will be refunded. Ava will Receive the 500,000 Benefit amount. will continue Until Emm'a's Death C Ch
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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