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NEW QUESTION: 1
A settlement option associated with a variable life policy in which the insurance company guarantees that
the beneficiary will receive equal payments over a specific length of time is known as a:
A. life-income settlement.
B. fixed-amount settlement.
C. guaranteed-payment settlement.
D. fixed-period settlement.
Answer: D
Explanation:
A settlement option associated with a variable life policy in which the insurance company
guarantees that the beneficiary will receive equal payments over a specific length of time is known as a
fixed-period settlement. The amount that will be paid is uncertain, but the payments will continue for the
period specified. With a life-income settlement option, the beneficiary will receive guaranteed payments
for the rest of his life, but "the rest of his life" is not a specific length of time.
NEW QUESTION: 2
A. Option C
B. Option A
C. Option B
D. Option D
Answer: B
NEW QUESTION: 3
Cheryl is the Director of the Health Information Services Department and Suzanne is the Assistant Director. Cheryl notices one of Suzanne's subordinates leaving the department for an unscheduled break.
When the employee returns, Cheryl immediately asks the employee to step into her office and begins discussing the unauthorized break. Which organizational principle is this director violating?
A. unity of command
B. organizational function l
C. span of contro
D. grievance procedure
Answer: A