3-54 an Insurance Policy in Which Fixed Premium Payments Are

question 28

Multiple Choice

3-54 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:

Lipoma

A benign tumor made of fat tissue that is usually soft to the touch and located under the skin.

Skin Lesion

Any abnormal change in the skin's color or texture, which could be a result of damage or disease.

Tumor

An abnormal growth of tissue that can be benign (non-cancerous) or malignant (cancerous).

Reduced Breast Size

A decrease in breast volume, which may be related to weight loss, hormonal changes, or surgical intervention.