Identify the false statement with respect to term life insurance. Select one: O a. he older the policy owner, the higher the annual premium. O b. The longer the term of the policy, the higher the annual premium. c. The annual premiums are the same for men and women of the same age. Od. The grace period on a term life insurance policy is 30 days.
Identify the false statement with respect to term life insurance. Select one: O a. he older the policy owner, the higher the annual premium. O b. The longer the term of the policy, the higher the annual premium. c. The annual premiums are the same for men and women of the same age. Od. The grace period on a term life insurance policy is 30 days.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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am. 143.
Transcribed Image Text:Identify the false statement with respect to term life insurance.
Select one:
O a. he older the policy owner, the higher the annual premium.
O b. The longer the term of the policy, the higher the annual premium.
c. The annual premiums are the same for men and women of the same age.
Od. The grace period on a term life insurance policy is 30 days.
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