Which of the Following Factors Is Connected with Convertible Term

question 163

Multiple Choice

Which of the following factors is connected with convertible term life insurance?

• A)A medical exam is not required.
• B)It helps make a smooth transition from term to cash-value insurance.
• C)There is a corresponding increase in premium cost.
• D)Generally,the conversion feature is only offered during the first two years.
• E)All of the above

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Definitions:

Productive Capacity

The maximum output a system can produce over a set period under normal conditions.

PP&E

Property, Plant, and Equipment - A company's tangible fixed assets that are expected to provide economic benefits for more than one year.

Current Production

The total output of goods and services produced by an economic entity in a current period, reflecting its current level of activity.

Sale of Investments

The process of selling investments such as stocks, bonds, or real estate, typically to generate cash or realize gains.