Which statement is true with regard to yearly renewable term insurance?
(a) Premiums remain level from year to year
(b) Premiums increase at an increase rate from year to year
(c) The insured must demonstrate insurability to renew the coverage
(d) Yearly renewable term premiums are unrelated to the probability of death
Ans: (b) Premiums increase at an increase rate from year to year
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A. A Title VII Civil Rights Action Plan B. Recommended by the EEOC regulations C. A violation of the ADEA. D. An affirmative action plan
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