QUESTION 18 Life insurance that is time specific and does not build cash value is known as: a. Mortgage life insurnce b. Decreasing-term insurance c. Endowment Insurance d. Term insurance QUESTION 19 Life insurance that pays off a mortgage in the event of the policyholder's death is knows as: O a. Mortgage Life Insurance b. Decreasing term insurance O c. None of the above d. Mortgage Term Insurance QUESTION 20 Life insurance that provides insurance over a specified term and allows policyholders to invest residual funds in various types of investment O a. Variable life insurance b. None of the above c. Constant life insuracne O d. Universal life insurance QUESTION 21 A method that fixes a quantum of life insurance based on the expected household's future expenses is known as: a. Income Method b. Budget Method c. Cash-flow Method d. Balance Sheet Method