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.

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Definitions:

Many Fields

A term referring to a database table or data structure that contains a large number of columns or elements to store different pieces of information.

Across, Then Down

A printing or layout term referring to the direction content is organized or distributed on a page, starting from left to right, before moving to the next line.

Down, Then Across

A print or display order option where data fills down the page before moving to the next column.

Form Layout View

An interface in database applications that allows users to design and arrange the visual structure of forms.