What are the risks associated with term insurance policies?
A) You may need to have insurance coverage past the term expiration date.
B) The cash value does not earn a decent return.
C) The renewal premium may be cost prohibitive.
D) Both A and C are correct.
Answer: D
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Liquidated damages paid on default by the buyer of a single-family residence who intended to occupy the dwelling cannot exceed what percentage of the purchase price?
a. 1% b. 3% c. 7% d. 10%
The average cost of developing a new drug and clearing all FDA regulations to get the drug to market are about a billion dollars and are:
a. paid by the FDA only if the drug is approved b. paid by the FDA only if the drug is not approved c. paid by the FDA whether or not the drug is approved d. paid by the drug companies e. paid by the National Institute of Health