cdi-site-life-limited-payment-funeral-burial-expenses-korean Practice Test

1Single Choice

According to the California Insurance Code, a life insurance policy limited to the payment of funeral and burial expenses is defined as which of the following?

A.A preneed funeral contract funded through a trust
B.A life insurance policy whose face amount does not exceed the maximum established by statute and is intended to cover funeral and burial costs
C.Any whole life policy with a death benefit under $10,000
D.A group life insurance policy offered through an employer

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