Multiple Choice
What is renewable about renewable term insurance?
A) the policy may be renewed or transferred to the life of family member
B) the premium, because it is guaranteed never to increase
C) the policy may be transferred to another company
D) the term of the policy may be extended without a physical examination
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Collision occurs when the colliding object consists
Q11: If the insured dies with an endowment
Q12: When an insurance company declines to provide
Q13: Which of the following is true of
Q14: The maximum amount paid for total loss
Q15: If a member of the armed forces
Q16: Explain the last chance clear rule.
Q17: Bodily injury insurance does not cover any
Q18: A term insurance policy is one where
Q19: The grace period refers to the period