A disadvantage of term insurance is that
A) it becomes more expensive when you renew it.
B) the cash value portion of the premium is larger than other forms.
C) you can only exchange your cash value for other insurance.
D) it is expensive early in life when you need it the most.
Answer: A
You might also like to view...
What is an annuity contract? Who are the parties to an annuity contract?
What will be an ideal response?
Product-oriented vision statements are better suited than customer-oriented vision statements for helping companies to adapt to changes in the external environment.
Answer the following statement true (T) or false (F)
A competitive analysis is an important component of ________.
A. a mission statement B. opportunity analysis C. a vision statement D. All of these.
The Sarbanes-Oxley Act legislated penalties for violations of which Act?
A) HIPAA B) ERISA C) PRWOR D) DOMA