Buying and Selling Stock

Question 1

Which is the amount charged for insurance?

Revolt · Accepted Answer

C: premium

Question 2

Which factors affect insurance premiums? Select all that apply.agehealthlifestylemedicaldividendscoveragebeneficiaries

Revolt · Accepted Answer

A: age; B: health; C: lifestyle; D: medical; F: coverage

Question 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?

Revolt · Accepted Answer

D: Jewel’s family’s medical history may cause her premium to go up.

Question 4

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

Revolt · Accepted Answer

A: Both types of insurance can be used for the education of the beneficiaries.

Question 5

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

Revolt · Accepted Answer

D: Only disability insurance policy holders cover costs during the waiting period.

Question 6

Question 6

Revolt · Accepted Answer

D

Question 7

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

Revolt · Accepted Answer

C: long-term care insurance

Buying and Selling Stock Answers

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