Multiple Choice
Choose the item below that is not a characteristic of group life insurance.
A) benefit amounts are usually increased by the employer at 5 year intervals
B) there usually are no medical exams required
C) benefits are determined by a predetermined formula
D) the group must not be formed solely to purchase insurance
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Whole life insurance policy sales have declined
Q4: Term life insurance has significantly increased in
Q5: Credit life insurance is life insurance sold
Q7: Industrial life insurance is:<br>A)a group life program
Q8: Which of the following is not a
Q10: The "difference" in the buy-term-and-invest-the-difference strategy is
Q11: All of the following statements about term
Q25: What are the features that distinguish universal
Q30: In general, what are the uses for
Q33: If a term life policy is convertible,