Which Statement Is False Regarding Switching Policies

question 160

Multiple Choice

Which statement is false regarding switching policies?

• A)An author noted that half of those who buy whole or universal life drop them within 10 years.
• B)The insurance industry is regulated by state insurance commissioners.
• C)Your need for life insurance coverage will change over time.
• D)A new life insurance policy will cost more as you get older.
• E)You will always be insurable if you switch policies.

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Definitions:

National Student Body

A national student body is an organization or collective that represents the interests and welfare of students across a nation, often advocating for educational policies and student rights.

Middle-Class

A social group between the working class and upper class, typically characterized by moderate to high income levels, educational attainment, and white-collar occupations.

Social Class

Categories of individuals within a society differentiated by factors such as wealth, occupation, and social status, often influencing their opportunities and privileges.

Extracurricular Opportunities

Activities and programs offered by educational institutions that fall outside the realm of the standard curriculum, aimed at enhancing students' learning experience and personal development.