Sign in to save your progress, vote, and build your own decks.Sign in
Acronyms for Memorization
Methods of handling Risk
ARRT
ARRT
Avoid, Reduce, Retain, Transfer
Elements of Contract
LOCCA
LOCCA
Legal Purpose, Offer, Consideration, Competent Parties, Acceptance
Non-Forfeiture Options
REC
REC
Reduced Paid-Up, Extended Term, Cash Surrender
Premium Factors
MIX
MIX
Mortality/Morbidity, Interest, eXpense
Dividends Option
CRAPPO
CRAPPO
Cash, Reduce Premium, Accumulate @ Interest, Purchase Paid-Up Additions, One-Year Term
(5th Dividend Opt)