Accelerated death benef Study guides, Class notes & Summaries
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Primerica UCanPass Practice questions and answers 2023
- Exam (elaborations) • 5 pages • 2023
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Primerica UCanPass Practice questions and answers 2023 
401k plan 
A qualified retirement plan in which the 
employee can set aside a portion of their income 
with pre-tax dollars. 
 
 
 
Absolute Assignment 
A permanent and irrevocable transfer 
of rights and/or benefits by the policy owner. 
 
 
 
Collateral Assignment 
A temporary and/or revocable transfer 
of benefits by the policy owner. 
 
 
 
Accelerated Death Benefit 
Policy provision that allows full or partial 
payment of the policy's...
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