- Term life insurance allows a particular individual to buy a larger amount of insurance...
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Finance
- Term life insurance allows a particular individual to buy a larger amount of insurance with a(n) _________ than whole life insurance.
Group of answer choices
. identical premium
. comparable
. larger premium
. smaller premium
- Which of the following is the key characteristic of term life insurance?
Group of answer choices
. Flexible premiums
. No cash value
. Selection of investment options
. Valid for an unlimited amount of time
- The right to renew a term life insurance policy without additional proof of insurability is known as
Group of answer choices
. level-premium guarantee
. guaranteed renewability
. permanent life protection
. the extended life rider
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