Question
Olivia just bought a term life insurance policy from the XYZ Insurance Company. This term life insurance policy allows Olivia to submit the evidence of
Olivia just bought a term life insurance policy from the XYZ Insurance Company. This term life insurance policy allows Olivia to submit the evidence of insurability to verify her health status over time. If she can show she is healthy, she can pay a reduced premium. But if she cannot provide satisfactory evidence of insurability, her premium will substantially increase. This type of term life insurance is called
Group of answer choices
A) Yearly renewable term insurance.
B) Decreasing term insurance.
C) Reentry term insurance.
D) Return of premium term insurance.
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