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Question 1 of 5
1. Question
Which of the following may trigger eligibility for accelerated death benefits?
I. Diagnosis of a terminal illness
II. Permanent nursing home confinement
III. Inability to perform two or more ADLs
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Question 2 of 5
2. Question
What was the principal factor in the secondary market for life insurance policies’ shift from viatical settlements to life settlements?
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Question 3 of 5
3. Question
Which of the following is characteristic of life settlements?
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Question 4 of 5
4. Question
Which of the following will cause all proceeds received in the sale of an in-force life insurance policy to be tax-exempt?
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Question 5 of 5
5. Question
When the term is used in connection with a life or viatical settlement, “net death benefit” means:
