INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 151

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-When selling you a HO policy,your insurance agent will [require | suggest] that you prepare a personal property inventory.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Quarterly

Pertaining to a period of three months or occurring every three months.

Retires

Withdraws from active working life, often due to reaching a certain age or completing a specific length of service.

Perpetuity

A type of annuity that pays a fixed amount to an individual indefinitely.

Scholarship

Financial support awarded to a student, based on academic achievement or other criteria, to help pay for education expenses.