Term insurance provided to a designated group of people with a common bond is called

A) decreasing term insurance.
B) group term insurance.
C) whole life insurance.
D) universal life insurance.


Answer: B

Business

You might also like to view...

Which of the following policies were sought by President Obama during his presidency?

a. forcing a strict emissions trading system on all U.S. companies b. establishing higher efficiency standards for vehicles c. relaxing the Stream Protection Rule d. seeking more cooperative regulation

Business

The inclusion of the recommendation section in a marketing plan is optional

Indicate whether the statement is true or false

Business

Which of the following is a commodity that is NOT transported by pipeline?

a. oil b. gas c. coal d. coffee slurry

Business

Members of an LLC (limited liability company) have ________ liability

A) limited B) unlimited personal C) unlimited capital D) strict

Business