Another Name for Permanent Life Insurance Is

question 1

Multiple Choice

Another name for permanent life insurance is

• A) Whole life.
• B) Renewable term.
• C) Convertible term.
• D) Decreasing term.
• E) Credit life.

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Definitions:

General Purpose

An undirected goal, usually implying flexibility and adaptability to a variety of situations or tasks.

Objective

A goal or aim that is sought after; in business, this often refers to specific targets companies aim to achieve.

Financial Reporting

The process of disclosing financial information to stakeholders, such as investors and creditors, to facilitate informed decision-making.

Countries

Nation-states defined by geographic boundaries, governance, sovereignty, and often a common culture or identity.