Quiz | Life Insurance
Oct 27, 2021
1. The value of which type of insurance account is counted as an asset to the person owning the insurance?
Whole life or Term Life
2. Just prior to moving in, an applicant's husband died. The applicant received $250,000 from his term life policy. This money is not counted because it was the proceeds from a term, not whole, life policy.
True or False
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