Of the following statements dealing with premiums on life insurance, which is not true?

Question

Quizplus · Accepted Answer

The statement that there are very few things one can do to reduce life insurance premiums is not true. In reality, there are several actions individuals can take to potentially lower their premiums, such as maintaining a healthy lifestyle, choosing a policy that best fits their needs, and shopping around for the best rates. Factors like smoking status, health conditions, and the type of policy chosen can significantly affect premiums, and making positive changes in these areas can lead to lower costs.

Of the Following Statements Dealing with Premiums on Life Insurance