Question 11013 of 324 · Texas Life, Accident and Health Agent Exam
The Texas law on accelerated benefits for life insurance allows insurers to pay
Exactly one answer is correct.
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Correct answer to question 11013
- D: part of the death benefit early, which reduces the later death benefit
Explanation
An insurer may pay an accelerated benefit under term life on a written medical opinion of a qualifying condition, and the accelerated amount is deducted from the death benefit payable under the policy.
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