An Insurance Policy in Which Fixed Premium Payments Are Invested

question 107

Multiple Choice

An insurance policy in which fixed premium payments are invested in mutual funds of stocks, bonds, and money market instruments is called

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

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Definitions:

Trichromatic Theory

A theory that explains how the human eye perceives colors through the response of three types of cones sensitive to different wavelengths of light.

Opponent-Process Theory

A psychological and neurological model that explains contrasting emotional and sensory experiences through the activation and inhibition of specific processes.

Color Vision

The ability of the visual system to distinguish and perceive different wavelengths of light as distinct colors.

ESP

Extra-Sensory Perception; the supposed ability to gain information without using the known human senses.