Posted by **Matt** on Tuesday, January 12, 2010 at 1:26pm.

Which of the following are true of ordinary whole-life insurance policies?

1. The insured pays premiums on this type of insurance until his death.

2. Ordinary whole life insurance covers the insured for the states term of the policy.

3. The insured only has to pay on this type of policy for a certain number of years.

4. Ordinary whole life insurance has some value as an investment.

Thank you for the help in advance. this is the only problem that i just cannot figure out.

- math -
**drwls**, Tuesday, January 12, 2010 at 4:13pm
1. is the correct answer. Although whole life policies have cash value, it is less than the money put in, and should not be considered an investment. So I would not pick 4.

2. and 3. are just plain wrong.

- math -
**Matt**, Tuesday, January 12, 2010 at 4:24pm
Thank You SO Much! :)

## Answer This Question

## Related Questions

- Consumer Math: Insurance - Choose as many answers as apply. Which of the ...
- insurance - Ordinary life insurance is another term meaning the same thing as: A...
- home insurance - the type of life insurance often used as mortagage insurance is...
- Statistics - A consumer agency wanted to investigate if four insurance companies...
- Statistics - A consumer agency wanted to investigate if four insurance companies...
- Statistics - A life insurance company sells a term insurance policy to a 21-year...
- Home insurance - Another term that means the same thing as "insurance company"is...
- Statistics Help Please - How do I tell if this is a mean or a proportion 1. ...
- Mathamatics - True Or False Questions: The term insurance has no value as an ...
- insurance - of 500 employees a firm 280 have a life insurance policy, 400 have a...

More Related Questions