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Whole Life Insurance vs. Term Insurance Sort

Shannon Anderson-Rush 10 preguntas

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Preguntas del test (10)

  1. 1This insurance is a good choice for young people who can't afford the higher costs of permanent insurance, or for people with financial obligations that will disappear in time, such as a car loan or a mortgage.
    1. AWhole Life
    2. BTerm
  2. 2This insurance has a cash value.
    1. AWhole Life
    2. BTerm
  3. 3You buy this policy with a specified term period, usually one, five, or ten years.
    1. AWhole Life
    2. BTerm
  4. 4Unless you make a change to your policy, you have lifelong coverage with no future medical exams.
    1. AWhole Life
    2. BLife
  5. 5Premiums are generally much cheaper than cash-value policies.
    1. AWhole Life
    2. BTerm
  6. 6This is a good choice for young people, who are unable to afford the higher cost of permanent insurance right now.
    1. AWhole Life
    2. BTerm
  7. 7Your premium will remain constant during the time you are covered unless you choose otherwise.
    1. AWhole Life
    2. BTerm
  8. 8The risk with this life insurance is that your health might deteriorate and you could be unable to get another policy once the policy expires.
    1. AWhole Life
    2. BTerm
  9. 9With this life insurance policy the costs are spread out over your entire life.
    1. AWhole Life
    2. BTerm
  10. 10If you are interested in using the policy as a form of savings, consider this type of life insurance policy.
    1. AWhole Life
    2. BTerm

Información

Descripción
Test sobre Whole Life Insurance vs. Term Insurance Sort, creado por Shannon Anderson-Rush el 13/06/2019.
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English
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