Which of the following statements about premature death is (are) true?
I. From an economic standpoint, premature means death before a specified age, such as 65.
II. The economic problem of problem of premature death in the U.S. has declined substantially over time.
A) I only
B) II only
C) both I and II
D) neither I nor II
Question 2
Which of the following statements about re-entry term insurance is true?
A) It permits the coverage to be renewed an unlimited number of times as long as insurability is demonstrated.
B) It permits a refund of premiums paid if the term insurance is renewed a specified number of times.
C) It permits a lower renewal premium if the insured demonstrates insurability.
D) It permits a lapsed whole life policy to be reinstated as term insurance.