Which of the following statements about second-to-die life ...

[tiffannnnyyyyyy]

Which of the following statements about second-to-die life insurance is (are) true?
 
  I. The insurance is a form of endowment coverage.
  II. The premium is lower than the combined cost of purchasing a life insurance policy on each insured.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about policies sold to preferred risks is (are) true?
 
  I. Preferred risks are people whose mortality experience (deaths per thousand at a given age) is expected to be more favorable than average.
  II. Insurers require preferred risks to purchase at least a minimum amount of life insurance, such as 250,000.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

[kswal303]

Answer to Question 1

Answer: B

Answer to Question 2

Answer: C

[tiffannnnyyyyyy]

TYSM

[kilada]

Thanks for the timely response, appreciate it