All of the Following Statements About Term Insurance Are True

question 29

Multiple Choice

All of the following statements about term insurance are true EXCEPT

• A)The insurance provides protection for a specified period of time.
• B)Most policies can be renewed for additional periods without evidence of insurability.
• C)Most policies can be converted to a permanent life insurance policy.
• D)Most policies have a cash value that is refunded when coverage ceases.

---

Definitions:

Résumés

A document that summarizes an individual's professional history, education, skills, and accomplishments for job applications.

Keyword Searches

The process of using specific words or phrases to find relevant information in a database or search engine.

Active Statements

Phrases that use action verbs to clearly and directly convey who is performing the action, contributing to more engaging and dynamic communication.

Results

The outcomes or conclusions that arise from an action, experiment, or process, indicating its success, failure, or findings.