Match the Following Terms with Their Definitions

Match the following terms with their definitions.
-Short rate table

A) Continual premium payments
B) Used when insured cancels
C) Blame doesn't matter in payoff
D) Periodic payment
E) Not optional
F) Combination of term and whole life
G) Result of a nonforfeiture value
H) Policyholder
I) Amount of insurance stated on the policy
J) Value of policy when terminated
K) Builds no cash value
L) Options when an insurance policy is terminated
M) One to receive face value of life insurance
N) Payment to insured from a loss
O) 80%
P) Pay for repairs to one's auto
Q) Amount insured pays
R) The insurance company
S) Fire, theft

Correct Answer:

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