Which statement is true regarding using interest-adjusted cost data and purchasing life insurance?

A) Cost indices can help to determine whether a policy should be replaced.
B) The type of policy you purchase should he based solely on a cost index.
C) Small variations in cost indices should be ignored.
D) Cost indices should be used to select an insurer, not an individual policy.

Answer: C

Business

You might also like to view...

Which of the following are given exclusive contracts to perform the selling function within specified geographic areas?

a. independent sales agents. b. telemarketing. c. alliances. d. resellers. e. integrators.

Business

“America has forged this success while utilizing, in large part, only half of the country’s talent. For most of our history, women—whatever their abilities—have been relegated to the sidelines. Only in recent years have we begun to correct that problem.” —Warren Buffett The Warren Buffett quote illustrates the concept that a company willing to diversify draws from a larger talent pool and which leads to hiring people with diverse skills sets. This is an example of what positive benefit of diversity?

A) Adaptability B) Creativity C) Localization D) Innovation

Business