Which of the Following Statements About Yearly Renewable Term Insurance

question 55

Multiple Choice

Which of the following statements about yearly renewable term insurance is (are) true?
I.It requires evidence of insurability for renewal.
II.It is most appropriate when an insured needs lifetime protection.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

---

Definitions:

Emigration

The act of leaving one's own country to settle permanently in another, moving abroad.

Cyclic

Referring to occurrences or processes that exhibit a series of repeated events or stages which happen in a predictable sequence.

Irruptive

A population growth pattern characterized by sudden increases due to favorable conditions, followed by steep declines as those conditions change.

K-Selected Species

K-selected species are organisms that tend to have fewer offspring, longer gestation periods, and more parental care, thriving in stable environments.