3-58 Which of the following insurance products protects a lender against a borrower's death prior to repayment of the debt?
A) Credit life.
B) Universal life.
C) Whole life.
D) Endowment life.
E) Variable life.
Correct Answer:
Verified
Q46: 3-55 Which of the following involves fixed
Q47: 3-60 Variable universal life insurance policies
A)have fixed
Q48: 3-47 Unlike the banking industry,globalization of financial
Q49: 3-56 An insurance policy that often is
Q50: 3-48 The primary function of insurance companies
Q52: 3-50 The problem of adverse selection
A)implies that
Q53: 3-62 The largest liability category on the
Q54: 3-41 Unexpected increases in inflation cause loss
Q55: 3-43 Property-casualty insurers tend to have a
Q56: 3-42 Loss adjustment expenses refer to the
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