Which Type of Insurance Is Sometimes Called Temporary Life Insurance

question 158

Multiple Choice

Which type of insurance is sometimes called temporary life insurance?

• A)Whole life insurance
• B)Term insurance
• C)Straight life
• D)Ordinary life
• E)Modified life

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Definitions:

Wright's Typology

A framework created by sociologist Erik Olin Wright that categorizes different social classes based on control over economic resources and workforce participation.

Goldthorpe's Typology

A class schema developed by sociologist John H. Goldthorpe focusing on employment relations and conditions to categorize individuals into social classes.

Brym and Lie

A reference to authors of sociological literature, highlighting their contributions to the field through their writings and theories.

Social Stratification

The hierarchical arrangement or classification of individuals within a society based on wealth, income, social status, occupation, or other criteria.