What Is Renewable About Renewable Term Insurance

question 20

Multiple Choice

What is renewable about renewable term insurance?

• A)the policy may be renewed or transferred to the life of family member
• B)the premium, because it is guaranteed never to increase
• C)the policy may be transferred to another company
• D)the term of the policy may be extended without a physical examination

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Definitions:

Informed Voters

Individuals who have comprehensive knowledge about political issues, candidates, and policies, enabling them to make educated choices during elections.

Three-Phase Connection

A method of electrical power distribution that uses three alternating currents of the same frequency and amplitude, which are offset in time to provide a more constant and efficient power supply.

Inductive Loads

Electrical components or devices, such as motors or transformers, that primarily use magnetic fields to function, causing a phase shift between the voltage and current.

Delta

A method of electrical connection in which each side of a load is connected to a vertex of a triangle-like configuration, with power supplied at each vertex.