D Question 2 State Guaranty Funds are financed primarily by the: O Insurance companies licensed in the State O Federal government O State government O Policyholders 2 pts Question 3 What is the primary Johnson Case spreadsheet used to determine the recommended amount of life insurance for Stanley and Ellen? O Deficit Cash Needs Liquid Assets Cash Flow 2 p Question 4 Question 4 Advantages of life insurance include all of the following except: Death benefit is included in policy-owners probate estate Policy face amount paid immediately at death O Policy proceeds protected from creditors Policy provides "living values" such as disability waiver of premium and accelerated death benefit All of the following regarding Term Life are true except: 0 Term policies cannot be converted to permanent life insurance Term Life includes no cash value Term policy expires at end of term period unless renewed O Term premiums are less than permanent life premiums