Buying and Selling Stock Answers

7 verified answers1 views
3

Jewel is a 25-year-old non-smoker who is starting a term-life policy. She enjoys reading and likes to walk around the small lake near her house for daily exercise. She lives with her mother who has a history of heart problems.Which factor would negatively impact Jewel's insurance premium?

A
Jewel is relatively old so her premium may go up.
B
Jewel’s hobbies are high-risk so her premium may go up.
C
Jewel’s lack of physical activity may cause her premium to go up.
D
Jewel’s family’s medical history may cause her premium to go up.
4

Which statement best compares the benefits offered by term-life insurance and whole-life insurance?

A
Both types of insurance can be used for the education of the beneficiaries.
B
Both types of insurance offer coverage for the rest of the policyholder’s life.
C
Only term-life insurance policies often have a cash-value that can be borrowed against.
D
Only whole-life insurance policies can be used for paying debts and business expenses.
5

Which best explains the difference between the cost of disability insurance and long-term care insurance?

A
Only disability insurance policy holders pay premiums.
B
Only long-term insurance policy holders pay dividends.
C
Only long-term insurance policy holders cover costs during sick leave.
D
Only disability insurance policy holders cover costs during the waiting period.
6

Question text not available

Answer not available
7

Which policy type would pay for training for a family member of a policyholder?

A
term-life insurance
B
whole-life insurance
C
long-term care insurance
D
short-term disability insurance

Did you find these answers helpful?

Buying and Selling Stock Answers…