3-55 Which of the Following Involves Fixed Premium Payments and a Benefit

question 36

Multiple Choice

3-55 Which of the following involves fixed premium payments and a benefit payout at the time of death that will depend on investment returns over the life of the policy?

• A)Term life.
• B)Variable life.
• C)Whole life.
• D)Endowment life.
• E)Universal life.

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Definitions:

Role Congruity Theory

A social psychological theory which posits that individuals receive more favorable evaluations when their behaviors are congruent with the roles expected of their social group.

Prejudice

Preconceived opinion that is not based on reason or actual experience; bias.

Leadership Effectiveness

The extent to which a leader is able to achieve organizational or team objectives through the direction, motivation, and guidance of others.

Gender Differences

Variations in characteristics, behaviors, or attributes between males and females, often influenced by cultural, social, and biological factors.