Alabama Life & Health Insurance Exam with complete solution
Term Insurance - answer-Temporary protection because it only provides coverage for a specific period of time. Also known as pure life insurance Term insurance provides what is known as _________________ - answer-pure death protection Term insurance provides the greatest amount of coverage for the _______________ - answer-lowest premium Term insurance has no ____________ - answer-cash value Three basic types of term coverage available, based on how the face amount (death benefit) changes during the policy term: - answer-1. Level 2. Increasing 3. Decreasing
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alabama life health insurance exam with complete
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