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Permanent life insurance provides a death benefit but no savings plan.
False
True
$700
True
False
rider.
False
False
True or false? Term life insurance has a cash value
False
True
$700
True
False
rider.
False
False
James received his first medical bill of the year. It was a total of $1000. His health insurance policy has a $500 deductible and a 20% co-insurance. How much of the medical bill will James be responsible to pay?
False
True
$700
True
False
rider.
False
False
Group insurance is less expensive to administer per person because of the large number of people in the plan.
False
True
$700
True
False
rider.
False
False
True or false? Insurance limits the amount of financial losses.
False
True
$700
True
False
rider.
False
False
True or False? Males under the age of 21 are normally charged less for automobile insurance that people over age 25.
False
True
$700
True
False
rider.
False
False
True or False? Reducing deductible amounts should reduce premium amounts.
False
True
$700
True
False
rider.
False
False
A special addition to an insurance policy that covers a specific loss not covered in the standard policy is a(n)
False
True
$700
True
False
rider.
False
False
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