Which of the Following Statements Is True of a Variable

question 36

Multiple Choice

Which of the following statements is true of a variable life insurance policy?

• A)The policy stays in force as long as the premiums are paid.
• B)It provides protection for a specific period.
• C)This "mutual fund" policy is intended to keep death benefits apace with inflation.
• D)It pays the face amount if policy is in force when death occurs.
• E)The interest rates of the policy are based on bonds only (not stocks) and can be higher than the minimum guaranteed.

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Definitions:

Watson

Refers to John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the importance of observable behaviors and discounting mental activities.

Kohler

Wolfgang Köhler, a psychologist and one of the founders of Gestalt psychology, known for his work on insight learning.

Titchener

Edward Titchener was a British psychologist known for developing structuralism, an early school of psychology focused on breaking down mental processes into the most basic components.

Behaviorism

An approach in psychology that emphasizes the importance of external behavior rather than internal processes and posits that behavior can be studied scientifically without recourse to inner mental states.