Disadvantages of Term Insurance Are That It Increases in Cost

question 74

True/False

Disadvantages of term insurance are that it increases in cost when you renew it and that it has no value when it matures or you discontinue your policy.

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Definitions:

Ecosystems

Communities of living organisms in conjunction with the nonliving components of their environment, interacting as a system.

Scientific Method

Process by which scientists formulate a hypothesis, gather data by observation and experimentation, and come to a conclusion.

Steps

Sequential phases or actions taken in order to achieve a particular end.

Correct Order

Refers to the accurate or required sequence of objects or steps according to specific criteria or rules.