Which One of the Following Statements Correctly Applies to Term

question 170

Multiple Choice

Which one of the following statements correctly applies to term insurance?

• A)The premiums remain constant.
• B)The policy builds cash value.
• C)Protection is for a specified period of time.
• D)It usually is more expensive than whole life insurance.
• E)The investment performance varies with the stock market.

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Definitions:

Last Name

A surname or family name used in many cultures to indicate a person's family, tribe, or community heritage.

Factory

A large building or series of buildings where goods are manufactured or assembled chiefly by machine.

Adaptability

The ability to adjust to new conditions, changes, or environments effectively.