The most common type of permanent life insurance is the whole life policy. a. True
b. False

Answers

Answer 1
Answer:

Answer: True

Explanation: The most common type of permanent life insurance is whole life policy.

A whole life policy is designed to last for someone's entire life. Premiums "or deposits" are typically paid until age 65. These policies are designed to accumulate cash value in order to sustain the death benefit.  These policies are different than term insurance because term insurance is only designed for a specific period of time such as 5 or 10 years.

Answer 2
Answer:

Final answer:

Yes, the most common type of permanent life insurance is a whole life policy. These policies not only guarantee a death benefit, but also build a cash value over time that the insured can borrow against.

Explanation:

The provided statement is true. The most common type of permanent life insurance is indeed the whole life policy. A permanent life insurance is a type of life insurance policy that lasts for the insured's entire life and guarantees a payout upon their death. The whole life policy, as the most common type of permanent life insurance, provides a death benefit but also has a cash value component that grows over time on a tax-deferred basis. The insured can often borrow or withdraw from the policy's cash value while they're still alive.

Learn more about Whole Life Insurance here:

brainly.com/question/33513317

#SPJ6


Related Questions

Merengue came from the Dominican Republic and was later influenced by __________ settlers who introduced the accordion to the island music style.a. German b. English c. Jamaican d. Spanish
Who was sold into enslavement after a local or tribal war?
In pavlov's study, the unconditioned stimulus (ucs) was _____; the neutral stimulus was _____; and, finally, the conditioned stimulus (cs) was ____
Which of the following questions can be answered scientifically
One teenager in Egypt and another in China become fans of the same popular music. This scenario is best described as an example of __________ in action.A.globalization B.Westernization C.democratization D.specialization

Agrarian societies were based around _____.1.iron tool making
2.agriculture
3.fishing and hunting
4.industry

Answers

Answer: 2. agriculture

Explanation:

Agriculture is known to involve tilling of soil and raising of crops and animals for man use.  Animals such as horses, cattle, birds and chicken, and so on are been raised in agriculture. Thus, food, shelter, weapons, clothing, medicines are gotten from agriculture.

Agrarian societies are known as societies that rely on agriculture. They deal with cultivation of crops and raising of farm animals for man use. These crops and animals are for their consumption and sale in the market. Thus, their wealth depends on agriculture.

2. agriculture
Think of it like this: AGRagarian = AGRiculture

____ is a comparison of the present state of a system compared to its baseline.

Answers

Baseline Reporting is a comparison of the present state of a system compared to its baseline.

Relative height is a cue involving our perception of objects higher in our field of vision as___________.

Answers

Answer:

Relative height is a cue involving our perception of objects higher in our field of vision as farther away

Explanation:

Relative height is the topographic excess of any point on the earth’s surface relative to another point, measured vertically, equal to the difference in the absolute heights of these points (for example, the height of a mountain peak above the bottom level of a nearby valley); the vertical distance from the specified initial level to the level, point or object taken as a point.

In Islam, Muhammad is _________.a. the son of Allah, similar to Jesus.
c. the prophet of Allah.
b. an angel.
d. the reincarnation of Moses.

Answers

Muhammad is a human and is not the Son of God, unlike Christianity, Islam does not believe that the God had a Son.

Muhammad was a prophet - the correct answer is c).

The Muslim declaration of faith includes the words "...and Muhammad is His prophet".

Answer:

C. Muahmmad is The Prophet of Allah.

He is NOT the son of god NOR is he an Angel NOR is he a reincarnation of Moses.

_________ is a system in which citizens hold public officials accountable through periodic elections and the rule of law.

Answers

Answer:

Representative democracy

Democracy is a system in which citizens hold public officials accountable through periodic elections and the rule of law.

Five dog breeders in Kentucky decided to work together to become more profitable and save money. Together, they can buy dog food, treats, toys, beds, leashes, and collars in bulk at a lower price. They also have a deal with a local veterinarian to charge them lower prices for check-ups and routine treatments. These dog breeders have formed a _______.

Answers

Answer:

cooperative.

Explanation:

Since these are five dog breeders in kentucky decided to join hands so that they could earn more profit than and save more money. They also have a deal with the local veterinarian so that he charges less for the check-ups and routine treatments.So they have formed a cooperative.

Cooperative is formed when some people working for common goal provide assistance to each other.