I emailied

To Jack Rotzien:

Please clarify about Key Person Insurance providing “Living Benefits” in Chapter 14:

“The following question is a review of the content on the previous page. Answer it and then click below to check your response.”

Key-person term policies develop advantageous "Living benefits."

False

..>>True

Your answer : True

The correct answer: False The Question: Key-person term policies develop advantageous "Living benefits." …….. I believe True is the correct answer –yes?...............Am I missing some much-too subtle distinction?.......

---------------------------

From the lesson:

The following are the primary purposes that key- person insurance serves:….

A reserve fund or "living benefit." Living benefits accrue from the cash value liquidity, which appears each year as an asset on the company's balance sheet.

Any feedback from other students about this particular question?

-Thanks,

John Shave