QUESTION
Which of the following is INCORRECT regarding a $100,000 20-year level term policy? A. The policy will expire at the end
Category: Economics
Subject: Law and Economics
Due Date: 02/05/2016
Question Asked: 2016-02-05 12:10:14
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Which of the following is INCORRECT regarding a $100,000 20-year level term policy?
A. The policy will expire at the end of the 20-year period.
B. At the end of 20 years, the policy's cash value will equal $100,000.
C. The policy premiums will remain level for 20 years.
D. If the insured dies before the policy expired, the beneficiary will receive $100,000.
AVAILABLE ANSWERS
Which of the following is INCORRECT regarding a $100,000 20-year level term policy? A. The policy will expire at the end
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Posted on 2016-02-05 12:10:15
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Preview:
... of the 20-year period.B. At the end of 20 years, the policy's cash val...
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