2. Which of the Following Best Describes Term Life Insurance

Which of the following best describes annually renewable term insurance. The insured pays the premium until his or her death.

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Which of the following best describes term life insurance.

. A It requires proof of insurability at each renewal. What term best describes this arrangement. Which of the following best describes term life insurance is a tool to reduce your risks.

1 How satisfied an individual is with his or her experiences while receiving care and 2 an individuals behavioral and lifestyle determinants of health. An insured has a variable life policy with a 100000 face amount. 2All term insurance plans come with a built-in disability rider.

The insured pays a premium for a specified number of years. C It is level term insurance. The insured can borrow or collect the cash value of the policy.

The insured pays the premium until his or her deathC. Which of the following best describes term life insurance. B The policy generates immediate cash value.

1 How satisfied an individual is with his. The insured pays a premium for a specified number of years. There is no provision in a term insurance plans to convert it into a whole life.

The insured pays a premium for a specified number of years the statement that best describes term life insurance is that b. Which of the following best describes term life insurance. Term life insurance covers you during the most important years of your life The best time to open a term life insurance policy is when youre expecting to make a big life decision.

Insurance plan Question 4. Starting a family getting married starting a business or switching to a profession where danger is involved are all great reasons to take out a policy. An insured receives an annual life insurance dividend check.

Which of the following best describes term life insurance. The right answer for the question that is being asked and shown above is that. 25 Questions Show answers.

C The death benefit will always be paid to the estate of the insured. Punineep and 74 more users found this answer helpful. B a 3-year renewable policy allows a term policyowner to increase coverage for the next 3 years.

Neither the premium nor the death benefit is affected by the insureds age. B It provides an annually increasing death benefit. Depending on the chosen program you can partially or completely protect yourself from unforeseen expenses.

Which of the following best describes term life insurance. It requires proof of insurability at each renewal. Benefits are doubled under certain circumstances stated in the policy b.

The Emerson first national bank is lending you money to buy a. It provides an annually increasing death benefit. The insured pays a premium for a specified number of years.

The insured pays the premium until his or her death. A a 3-year renewable policy allows a term policyowner to renew the same coverage for another 3 years. If the claim is disputed in court and the insurer loses the face amount will.

It requires proof of insurability on each renewal. And if the accident insurance event occurs the insurance company will bear all or all of the costs in full or in part. During this time the policy face amount was increased to 150000.

Which of the following best describes annually renewable term insurance. Which of the following combinations best describe a universal life insurance policy. The insured is covered during his or her entire lifetime.

The insured pays a. 1Term insurance plans come with life-long renewability option. Which of the following best describes annually renewable term insurance.

Neither the premium nor the death benefit is affected by the insureds age. The insured pays a premium for a specified number of years. C an option to convert provides that a term life insurance policy can be exchanged for a.

Which of the following best represents what is meant by life insurance creates an immediate estate. Which of the following best describes what the annuity period is. Which of the following best describes term life insurance.

Which of the following best describes annually renewable term insurance. C It provides an annually increasing death benefit. Which of the following best describes the two ways in which the term quality of life is used in the field of health services administration.

In the following year the cash value took a significant decline and was worth only 70000. A The policy has cash values and nonforfeiture values. This quiz is incomplete.

The insured can borrow or collect the cash value of the policy. Expert answered Walletro Points 226968. The insured can borrow or collect the cash value of the policy.

Is a tool to reduce your risks. At one time the cash value exceeded 100000 and was worth 150000. A A mutual fund and an endowment policy b A term insurance policy and a whole life policy c A modified endowment policy and an annual term insurance policy d A flexible premium deposit fund and a monthly renewable term insurance policy.

Depending on the chosen program you can partially or completely protect yourself from unforeseen expenses. 1 on a question. Which of the following best describes term life insuranceA.

The insured is covered during his or her entire lifetime. It is a level term insurance. All of the following statements regarding term life insurance are correct EXCEPT.

Which of the following BEST describes a double indemnity provision in travel accident insurance. The insured is covered during his or her entire lifetime. When a producer was reviewing a potential customers coverage written by another company the producer made several remarks that were maliciously critical of.

D It is level term insurance. A Neither the premium nor the death benefit is affected by the insureds age. It is level term insurance.

B Neither the premium nor the death benefit is affected by the insureds age. Which group of players provides all goods and services in the game of economics. The insured pays the premium until his or her death.

The insured is covered during his or her entire lifetimeB. And if the accident insurance event occurs the insurance company will bear all or all of the costs in full or in part. The insured pays a premium for a specified number of years best describes term life insurance.

It provides annually increasing death benefit. To play this quiz please finish editing it. 3Term insurance can be bought as a stand-alone policy as well as a rider with.

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