Question: What does this mean You are considering the need for insurance. You desire a policy that provides permanent protection, has a fixed premium, and provides

What does this mean
You are considering the need for insurance. You desire a policy that
provides permanent protection, has a fixed premium, and provides a fixed
death benefit. What type of policy would you purchase?
None of the choices
Universal life insurance
Fixed premium insurance
Term insurance
Whole life insurance
Andrew and Alice have health issues that may be passed on to their
children. When the children are born would they be wise to obtain life
insurance immediately on the infants prior to any of the medical conditions
arising?
Yes, this would be wise as the infant is not likely to have to pass a physical exam.
Cannot be determined
No, they should wait until the child is an adult and let him or her decide if she or he
wants insurance.

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