Question

1. Distinguish between term life insurance and cash-value life insurance.
2. Explain why the premiums for term insurance are so much lower than those of cash-value life insurance.
3. Describe the benefit of buying guaranteed renewable term insurance.
4. Explain why the amount of "insurance" declines over time under a cash-value life insurance policy.
5. Distinguish between cash-value life insurance with a fixed return and with a variable.



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  • CreatedNovember 26, 2014
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