Which of the Following Statements About a Decreasing Term Insurance

question 43

Multiple Choice

Which of the following statements about a decreasing term insurance policy is true?

• A)The face amount of the policy decreases during the policy period,and the premium increases.
• B)The face amount of the policy decreases during the policy period,but the premium remains level.
• C)The premium decreases during the policy period,but the face amount remains constant.
• D)Both the premium and the face amount of the policy decrease gradually over the policy period.

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Definitions:

Cognitive Reappraisal

A psychological strategy that involves changing the way one thinks about a situation in order to alter its emotional impact.

Suppression

A conscious effort to control or withhold undesirable emotions, thoughts, or actions.

Cultural Influences

The impact that the beliefs, values, norms, and practices of a culture have on individuals' thoughts, feelings, and behaviors.

Parasympathetic Nervous System

is part of the autonomic nervous system responsible for rest and digestion, reducing heart rate, and increasing intestinal and gland activity.