Which of the Following Statements Is True of a Term

question 14

Multiple Choice

Which of the following statements is true of a term life insurance?

• A)A term life insurance policy is administered primarily by the trust departments of commercial banks.
• B)The premiums associated with a term insurance policy are fixed payments computed as an average of the premiums required over the expected life of the insured person.
• C)A term life insurance offers both insurance coverage and a savings feature.
• D)A term life insurance is a relatively short-term contract that provides financial protection for a temporary period.
• E)The cost of a term life insurance generally decreases with each renewal as the risk of premature death increases as the insured ages.

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Definitions:

Occipital

Referring to the occipital lobe of the brain, which is primarily responsible for vision.

Mozart

Wolfgang Amadeus Mozart, an influential and prolific Austrian composer of the Classical era, renowned for his symphonies, operas, and chamber music.

Beethoven

Beethoven was a German composer and pianist, a crucial figure in the transition between the Classical and Romantic eras in Western music.

Somatosensory Projection Area

The region of the brain's cerebral cortex involved in processing sensory information from the body, including touch, temperature, and pain.