Some Disadvantages of Term Insurance Are That It Increases in Cost

question 78

True/False

Some disadvantages of term insurance are that it increases in cost when you renew it and that it has no value when it matures or you discontinue your policy.

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Definitions:

President's Cabinet

A group of the most senior appointed officers of the executive branch of the federal government of the United States, who are generally the heads of the federal executive departments.

Executive Departments

Major administrative units of the federal government of the United States responsible for enforcing and administering federal laws and policies.

Inspiring Patriotism

The act or practices aimed at fostering a deep love, loyalty, and devotion to one's country, often through education, symbols, and national narratives.

John Trumbull

An American artist during the period of the American Revolutionary War known for his historical paintings of the Revolution, including depictions of the Declaration of Independence.