Cơ bản về bảo hiểm nhân thọCâu 395 / 716
Which form of term insurance keeps both the premium and the death benefit constant for the entire term?
a.Level term
b.Increasing term
c.Decreasing term
d.Annual renewable term
Giải thích
Level term holds both the face amount and the premium steady for the full term, which is why it is the most common form for temporary needs. Decreasing term keeps a level premium but a shrinking benefit. Increasing term has a benefit that grows. Annual renewable term keeps a level benefit but a premium that rises each year. Only level term locks in both values for the whole term.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A 'jumping juvenile' policy is a form of juvenile life insurance in which the face amount:
- Credit life insurance is generally structured as:
- Return-of-premium (ROP) term insurance is distinguished from ordinary term because it:
- Decreasing term insurance is most commonly purchased to:
- Increasing term insurance provides:
- Under Option B (the increasing death benefit option) of a universal life policy, the total death benefit is equal to:
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Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)