All of the Following Are True of Level Premium Ordinary

question 24

Multiple Choice

All of the following are true of level premium ordinary whole life insurance except:

• A) furnished permanent protection over all of one's life
• B) small initial outlay compared to single premium, whole life
• C) combines savings with insurance
• D) premiums end at age 65

---

Definitions:

Advisory Opinion

A non-binding determination by a court or regulatory agency on a matter of law requested by an organization or individual.

Executive Order

A directive issued by the President of the United States or a governor that has the force of law.

Identity Theft

The illegal procurement and utilization of an individual's confidential identity details, often for monetary profit.

Fair And Accurate Credit Transactions Act

A federal law established to enhance consumer protections, focusing on the accuracy and privacy of information held by credit reporting agencies.