28. Answer Key 2

1. B

2. D

3. B

4. A

5. C

6. B

7. A

8. C

9. D

10. C

11. A

12. B

13. C

14. A

15. D

16. C

17. C

18. B

19. B

20. D

21. A

22. C

23. B

24. C

25. A

26. D

27. C

28. B

29. B

30. D

31. A

32. C

33. C

34. A

35. D

36. B

37. C

38. C

39. B

40. A

41. B

42. D

43. C

44. D

45. B

46. B

47. A

48. C

49. A

50. D

1. Answer B is correct. Term insurance provides the most amount of protection for a given amount of premium dollars. But it is not permanent insurance and has no other features, such as cash value or non-forfeiture values.

2. Answer D is correct. Catastrophic exposures are generally not insurable.

3. Answer B is correct. A single master policy is issued to the group policyowner, such as an employer or labor union. Individual insureds or members ...

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