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Life insurance
Page 3
Questions (148)
Tom just finished signing and filling out a bunch of legal paperwork that would allow him to receive the financial payout of his
1 answer
asked anonymously
30 views
A life insurance company sells a term insurance policy to a 21-year-old male that pays $100,000 if the insured dies within the
1 answer
asked by
Katja
1,174 views
Describe mortgage protection life insurance.
a contract between the lender and borrower which cancels all or part of a loan due
1 answer
asked by
anime knockers
46 views
What is life insurance?(1 point)
Responses It is a contract purchased by the policyholder that commits the insurance company, in
1 answer
asked anonymously
37 views
Describe whole life insurance.(1 point)
Responses It covers the employee’s income and medical costs when they are hurt on the
1 answer
asked anonymously
43 views
i need help with my personal finance home work
Post Your Question so someone can answer it. Sue and Tom Wright are assistant
1 answer
asked by
courtney
463 views
Now let’s assume that 10 years from now you have a family and two children. You have a good job and are earning $30,000 a
10 answers
asked by
tonya
713 views
Describe double indemnity?(1 point)
Responses the policyholder is paying a fixed premium for coverage on a loan that has a
1 answer
asked anonymously
32 views
A 28-year-old man pays $192 for a one-year life insurance policy with coverage of $150,000. If the probability that he will live
2 answers
asked by
TJ
562 views
Describe double indemnity?
The policyholder is paying a fixed premium for coverage on a loan that has a decreasing payout.
1 answer
asked anonymously
51 views
Insurance of life
1 answer
asked by
Game
13 views
suppose that a life insurance company insures 800,000 fifty year old people in a given year. (assume a death rate of 3 per 1000
1 answer
asked anonymously
35 views
Explain the unique characteristics of life insurance?
1 answer
asked by
EYASURULE
15 views
Basic types of life insurance contract
1 answer
asked by
EYASURULE
15 views
Assume that the population living at the age of 50 is 750,000 and the partial mortality rate given below as follow.
Age..........
1 answer
asked by
EYASURULE
14 views
Describe whole life insurance
It is a type permanent life insurance that offers flexibility on how to invest the cash value of
1 answer
asked anonymously
36 views
The cost of life insurance depends on many factors, one of which is the type of policy you purchase.
Which type of insurance
1 answer
asked anonymously
25 views
There are two main types of life insurance: term insurance and whole life insurance.
Which type of insurance provides coverage
1 answer
asked anonymously
19 views
The cost of life insurance depends on many factors, one of which is the type of policy you purchase.
Which type of life insurance
1 answer
asked anonymously
21 views
Both term life and whole life insurance have different benefits, depending on your personal situation.
Which of the following is
1 answer
asked anonymously
17 views
There are two main types of life insurance: term insurance and whole life insurance.
Which type of insurance covers you for a
1 answer
asked anonymously
27 views
Describe whole life insurance.(1 point)
Responses It is a type of permanent life insurance that offers flexibility on how to
1 answer
asked anonymously
21 views
Describe mortgage protection life insurance.(1 point)
Responses a type of insurance that pays off the balance of a mortgage in
1 answer
asked anonymously
16 views
Which insurance pays beneficiaries directly upon accidental death or loss of functionality? (1 point)
Responses accidental death
1 answer
asked anonymously
24 views
What is life insurance?(1 point)
Responses It helps cover costs for the day-to-day care of people with chronic illnesses,
1 answer
asked anonymously
57 views
Which of the following is an advantage of whole life insurance over term life insurance?(1 point)
Responses Whole life insurance
1 answer
asked anonymously
26 views
What is life insurance?(1 point) Responses It helps cover costs for the day-to-day care of people with chronic illnesses,
1 answer
asked anonymously
27 views
Describe whole life insurance.(1 point) Responses It is a common permanent life insurance policy, which lasts as long as the
1 answer
asked anonymously
41 views
Which insurance pays beneficiaries directly upon accidental death or loss of functionality? (1 point)
Responses accidental death
1 answer
asked anonymously
21 views
Describe mortgage protection life insurance.(1 point)
Responses a contract that helps pay for repair or replacement due to normal
1 answer
asked anonymously
14 views
Which statement is true about term life insurance?
1 answer
asked anonymously
7 views
When a person dies and is insured, who receives the life insurance benefits?
1 answer
asked anonymously
11 views
What statement is true for life insurance coverage?
1 answer
asked anonymously
9 views
Which of the following is an advantage of whole life insurance over term life insurance?(1 point) Responses Whole life insurance
1 answer
asked by
__________________________________________________
14 views
Which of the following is an advantage of whole life insurance over term life insurance?(1 point)
Responses Whole life insurance
1 answer
asked anonymously
45 views
Which of the following is an advantage of whole life insurance over term life insurance?
1 answer
asked anonymously
10 views
What statement most accurately compares term and permanent life insurances?
a. Term life insurance last only for a finite amount
1 answer
asked by
kricket
11 views
What statement is true for life insurance coverage?
a. The policy only covers beneficiary's future needs; funeral costs should
1 answer
asked by
kricket
12 views
The sample life insurance premium table illustrates the monthly premium for every $25,000 of coverage.
Age Nonsmoker Male
1 answer
asked by
kricket
25 views
Life insurance guarantees your loved ones get a certain amount of money when you _________________.
a Move out of the house b Get
1 answer
asked anonymously
6 views
Insured amount:30000
Annual premium:300 Dan has insured his life for 30000 but wants premium deducted from his wage each
1 answer
asked anonymously
7 views
A forty-five year old woman is considering buying a one-year life insurance policy for $620 with a coverage of $200,000. Suppose
1 answer
asked by
ash
9 views
What are the three main variables among the different types of life insurance policies?(1 point)
Responses how long the coverage
1 answer
asked anonymously
11 views
Describe whole life insurance.(1 point) Responses It covers the employee’s income and medical costs when they are hurt on the
3 answers
asked by
mybootyitch
4 views
You should buy a life insurance policy that‘s _______ times your annual salary.
6–8 8-10 10–12 12–15
1 answer
asked anonymously
2 views
Whole life insurance is also called each of the following terms except:
Universal Beneficial Variable Permanent
1 answer
asked anonymously
4 views
What is life insurance?(1 point)
Responses It is a contract purchased by the policyholder that commits the insurance company, in
1 answer
asked anonymously
6 views
It will cost Bernice K380 per Year for K30000 cover on a 20-Year life insurance policy. She would like to include K10 of savings
11 answers
asked anonymously
14 views
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Parent Categories (10)
Banking & Insurance
Finance and Insurance
Finance or Insurance
Financial Mathematics
Insurance
Insurance Plans
Insurance policies
Investments
Personal Finance
Types of insurance