This term describes an insurance premium staying the same amount, not increasing as you get older, throughout the life of the coverage.
A) Level Term Policy
B) Whole Life Policy
C) Minimum Term Policy
D) Maximum Term Policy
E) Beginning Life Policy
A) Level Term Policy
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Which of the following is not an advantage of issuing long-term debt?
A) The stockholders do not relinquish any control. B) The interest is tax-deductible. C) The risk of becoming bankrupt is reduced. D) Increased earnings accrue to the stockholders.
If the assets of a business increased $99,000 during a period of time and its liabilities increased $72,000 during the same period, equity in the business must have:
A. Increased $27,000. B. Decreased $171,000. C. Increased $171,000. D. Increased $99,000. E. Decreased $27,000.
What type of research is conducted by watching people perform relevant activities and then recording details about what was observed?
A) Secondary B) Observational C) Tertiary D) Quantitative E) Ethical
A vision statement is part of the organization’s story, shared by all stakeholders.
a. True b. False