Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One disadvantage of term life insurance is that: Group of answer choices when renewed it usually is at a higher premium. the risk of lost

One disadvantage of term life insurance is that: Group of answer choices when renewed it usually is at a higher premium. the risk of lost income from the death of the insured is shifted to the insurance company. it is pure insurance protection for a given time period. it is generally not available to young people

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Investments Valuation and Management

Authors: Bradford Jordan, Thomas Miller

7th edition

978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660

More Books

Students also viewed these Finance questions

Question

1 . What is the difference between NAT and PAT?

Answered: 1 week ago

Question

Voluntary practices include documented best practices. Yes No

Answered: 1 week ago