Which of the Following Statements Is False Concerning Term Life

question 110

Multiple Choice

Which of the following statements is false concerning term life insurance?

• A) The premiums increase as you renew the policy.
• B) It will expire and be of no value if not renewed.
• C) It has a cash value or savings feature as long as you keep the policy active.
• D) It provides the same amount of cash to a beneficiary as whole life policies.

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Definitions:

Perceived Ineffectiveness

The belief or feeling that one's actions are not producing the intended or desired results.

Underlying Mental Health Conditions

Mental disorders or psychological distress that are present but not immediately noticeable, potentially influencing physical health and quality of life.

Investigate

The process of carrying out research or inquiry to gather facts and information.