Examlex

Solved

Of the Following Statements Dealing with Premiums on Life Insurance

question 104

Multiple Choice

Of the following statements dealing with premiums on life insurance, which is not true?


Definitions:

Running Costs

Ongoing expenses required for the day-to-day operation of a business, service, or system.

Packet-Switching Networks

A digital networking communications method that groups transmitted data – irrespective of content, type, or structure – into suitably-sized blocks, called packets, for efficient routing.

Fault Intolerant

Systems or components that are unable to continue operating properly in the event of a failure or error.

Telecommuting

A work arrangement where employees perform their job duties from outside the traditional office environment, often from home, utilizing digital communication tools.

Related Questions