Question

Which of the following was NOT a factor which led to the proliferation of life insurance? 1 point Insurance salespeople Increased life expectancy Statistical data on life expectancy New sales pitches

Answer 1

Explanation:

Life insurance is a great way to protect your loved ones financially, but it’s also a major investment. Over a period of years, even a slightly lower premium can yield major savings. The following are some of the biggest factors that insurers consider when pricing out their policies. Some of these criteria are outside your control, while others are things you can remedy with simple lifestyle choices. (For related insight, read about how you can get life insurance.)

KEY TAKEAWAYS

• Life insurance can be financial help for your loved ones once you're gone, but it's a big investment.
• Many factors contribute to how high your premium payment is and whether you qualify for discounts.
• Age is the most important factor in determining the cost, as a younger person will make payments for many years before cashing out; therefore the younger you are, the lower your payments tend to be.

Answer 2

Answer:

Explanation:

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