Exam (elaborations)
Michigan Life Insurance State Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
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Which is TRUE regarding the annuitant, when the annuitant is NOT the policy owner? 1. The annuitant has the right to name the beneficiary 2. The annuitant is the person paying the premiums 3. The cash value is available to the annuitant for withdrawals 4. Annuity payments will be based on the a...
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