Which of the following is an example of permanent life insurance?
A) The policy has no the cash value.
B) It provides an annuity until death.
C) The premium is constant through the life of the policy.
D) The premium is matched every year to the amount needed to match against death.
Correct Answer:
Verified
Q10: Reinsurance _.
A)is additional insurance to the insurance
Q11: Which of the following is likely to
Q12: Nonbank financial institution include _.
A)mutual savings banks
B)money
Q13: Issuing a _ is the same as
Q14: Demutualization refers to _.
A)the conversion of mutual
Q16: An example of permanent insurance is _
Q17: _ policies have no cash value and
Q18: _ are arrangements whereby the customer pays
Q19: Which of the following is an example
Q20: Casualty insurance companies _.
A)cover losses of real
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