Which of the Following Is Not an Example of a Material

question 8

Multiple Choice

Which of the following is not an example of a material change for a life insurance policy?

• A)Change in cash surrender value.
• B)Change in death benefit.
• C)Change in loan value.
• D)Change in premium payment.

Understand how credit scores influence loan interest rates and total payment differences.

Calculate monthly periodic rates and total interest on various loans.

Determine the appropriate loan term based on monthly payments and interest rates.

Understand and apply basic true/false principles regarding loans, credit cards, and consumer protections.