Which of the following is characteristic of term life insurance?
A) Provides no investment features
B) Costs more than other types of life insurance
C) Has premiums that decrease over one's lifetime
D) Pays benefits to the insured when the insured reaches age 65
Correct Answer:
Verified
Q152: Credit term life insurance is a _
Q153: Group term life insurance would be especially
Q154: A term life insurance policy will pay
Q155: Adjustable life insurance allows you to change
Q156: With a cash-value life insurance policy,the value
Q158: With a decreasing term policy,the face value
Q159: If one converts his or her convertible
Q160: Adriana is financially responsible for her aged
Q161: With a _ policy,if premiums drop below
Q162: Millie wants a life insurance policy that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents