« previous next »

Author Question: Which of the following statements about home service life insurance, which evolved over time from a ... (Read 37 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jul 11, 2018
Which of the following statements about home service life insurance, which evolved over time from a type of life insurance called industrial life insurance, is true?
 
  A) Most policies have a face value exceeding 100,000.
  B) Premiums are usually not collected at the insured's home and are remitted directly to the agent or the insurer.
  C) Industrial life insurance is group term insurance coverage marketed to employees at the work site.
  D) This popular product accounts for over 40 percent of the life insurance sold today.

Question 2

Which of the following statements about savings bank life insurance is true?
 
  A) The maximum amount that a depositor can purchase is 50,000.
  B) The maximum amount of insurance that a depositor can purchase is limited to the amount of money on deposit in his or her savings account with the savings bank.
  C) The objective of savings bank life insurance is to provide protection to the bank in case a borrower dies before a loan is repaid.
  D) The objective of savings bank life insurance is to provide low-cost insurance to consumers by holding down expenses.


Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

The life cycle of the genus Pinus The life cycle of the genus Pinus
Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
Historical Time Line of Regulatory Acts, Standards, and Organizations Historical Time Line of Regulatory Acts, Standards, and Organizations
Time Line for Evolution of the Universe Time Line for Evolution of the Universe
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Time value money Time value money
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library