Thu Nov 11 66% m AA A ezto.mheducation.com + ved] Pelican Point Financial Gro... Homework: The Economics of Infor... x Question 2 - Homework: The Econo... omework: The Economics of ... i Saved Help Save & Exit Submit This question ding Copy Look Up Share... 2 Life insurance companies require applicants to submit to a physical examination as proof of insurability prior to issuing standard life insurance policies. In contrast, credit card companies offer their customers a type of insurance called "credit life insurance", which pays off the credit card balance if the cardholder dies. Would you expect insurance premiums to be higher (per dollar of death benefits) on standard life or credit life policies? Explain. Book rences