The Most Common Type of Permanent Life Insurance Is Called

question 168

Multiple Choice

The most common type of permanent life insurance is called:

• A)whole life.
• B)term life.
• C)universal life.
• D)modified life.
• E)variable life.

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Definitions:

Indentured Servitude

A labor system where people paid for their passage to the New World by working for an employer for a certain number of years.

Manumission

The formal act of freeing a slave by their owner.

Sierra Leone

A country on the southwest coast of West Africa, known for its history of the transatlantic slave trade and rich cultural heritage.

Former Slaves

Individuals who were once enslaved but gained freedom, often through emancipation or escaping bondage.