Questions: Guest English - Question 49 of 90 What happens to the face amount of a whole life policy if the insured reaches the age of 100 ? A. It is paid to the beneficiary in full. B. It is paid to the insured's estate and the policy is terminated. C. The face amount is paid to the insured. D. The cash value and the face amount are paid to the insured. Next Question -

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Question 49 of 90

What happens to the face amount of a whole life policy if the insured reaches the age of 100 ?
A. It is paid to the beneficiary in full.
B. It is paid to the insured's estate and the policy is terminated.
C. The face amount is paid to the insured.
D. The cash value and the face amount are paid to the insured.
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Transcript text: Guest English - Question 49 of 90 What happens to the face amount of a whole life policy if the insured reaches the age of 100 ? A. It is paid to the beneficiary in full. B. It is paid to the insured's estate and the policy is terminated. C. The face amount is paid to the insured. D. The cash value and the face amount are paid to the insured. Next Question -
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Solution

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Answer

The answer is C. The face amount is paid to the insured.

Explanation
Option A: It is paid to the beneficiary in full.

This option is incorrect because the face amount is typically paid to the beneficiary only upon the death of the insured. If the insured reaches the age of 100, the policy matures, and the face amount is not paid to the beneficiary.

Option B: It is paid to the insured's estate and the policy is terminated.

This option is incorrect because the face amount is usually paid directly to the insured, not to the estate, when the insured reaches the age of 100.

Option C: The face amount is paid to the insured.

This is the correct option. In a whole life insurance policy, if the insured reaches the age of 100, the policy matures, and the face amount is paid to the insured.

Option D: The cash value and the face amount are paid to the insured.

This option is incorrect because, at maturity, the insured typically receives the face amount, which includes the cash value that has accumulated over the life of the policy. The cash value is not paid separately.

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