Which of the following statements about home service life insurance,which evolved over time from a type of life insurance called industrial life insurance,is true?

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Home service life insurance evolved over time from industrial life insurance, which was a type of low face value life insurance marketed to working-class families in the 19th and early 20th centuries. Home service life insurance policies are still marketed door-to-door and premiums are usually collected at the insured's home and remitted directly to the agent or the insurer. Most policies have a face value of less than $10,000. Option A is incorrect because most policies have a face value less than $10,000. Option C is incorrect because industrial life insurance is not the same as group term insurance marketed at the workplace. Option D is incorrect because while home service life insurance is still sold today, it does not account for over 40 percent of the life insurance sold.

Which of the Following Statements About Home Service Life Insurance,which