True with regard to term life insurance contracts

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1. Which of the following is not a type of health insurance coverage?

major medical insurance

Medicare supplemental coverage insurance

basic medical expense insurance

double indemnity insurance

2. Which of the following is true with regard to term life insurance contracts?

policies of less than 10 year length are illegal in 13 states.

term insurance provides temporary protection

renewable term life insurance guarantees the insured that upon renewal, his premiums will not increase

one form of term life increases the amount of insurance as the balance due on a mortgage declines over time

Reference no: EM131646678

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