Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
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<strong>Chapter</strong> <strong>14</strong><br />
Health, Disability, <strong>and</strong> Life Insurance<br />
Reviewing Key Concepts<br />
6. Identify the types of term <strong>and</strong> whole life insurance.<br />
Term insurance comes in many different forms:<br />
• Renewable term<br />
• Multiyear level term<br />
• Conversion term<br />
• Decreasing term<br />
Whole life insurance is a permanent policy for which you pay a<br />
specified premium each year for the rest of your life.<br />
<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />
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