A disadvantage of term insurance is that
A) it becomes more expensive when you renew it.
B) the cash value portion of the premium is larger than other forms.
C) you can only exchange your cash value for other insurance.
D) it might not be renewed if you develop a life threatening illness.
Correct Answer:
Verified
Q105: You are putting $100 per month into
Q106: Tom purchased disability insurance that will provide
Q107: Long-term care insurance should be considered by
Q108: Long-term care insurance needs
A)can be covered by
Q109: Veejay was injured in a car accident
Q111: The similarity between disability income and long-term
Q112: One of the concerns about term life
Q113: The most liberal definition of disability is
Q114: Based on the following information, how much
Q115: Which of the following types of life
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