This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements about endowment insurance policies is (are) true? I. The face ... (Read 35 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jul 11, 2018
Which of the following statements about endowment insurance policies is (are) true?
 
  I. The face amount is paid if the insured dies during the policy period or at the end of the policy period if the insured is still alive.
  II. The use of endowment insurance has increased in recent years because of its favorable tax treatment.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about limited-payment life insurance is true?
 
  A) It is a form of term insurance.
  B) It matures at the end of the premium-payment period.
  C) The premium decreases each year during the premium-payment period.
  D) Its use may be appropriate if a person wants paid-up life insurance during retirement.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D


nevelica

  • Member
  • Posts: 563
Reply 2 on: Jul 11, 2018
:D TYSM

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Bones of the Face and Skull (Lateral View) Bones of the Face and Skull (Lateral View)
Moth face Moth face
Devices used to deliver respiratory drugs: (b) nebulizer with face Devices used to deliver respiratory drugs: (b) nebulizer with face
Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo Emanuel Leutze’s Washington Crossing the Delaware (1851) is riddled with historical inaccuracies, mo
Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
Prone position. Placement of bolsters under ankles and shoulders, head supported by face cradle. Prone position. Placement of bolsters under ankles and shoulders, head supported by face cradle.
Video: B cells and antibodies

For a complete list of videos, visit our video library