.Question 2Which of the following was NOT a factor which led to the proliferation of life insurance?1 pointInsurance salespeopleIncreased life expectancyStatistical data on life expectancyNew sales pitches

Which of the following statements about the ‘Life Insurance’ section of the lecture material are TRUE:Life insurance policies that bundle a savings product together with death cover in one policy can be a good option for people who would like to make sure that they receive a payout at age 60 whether they live until 80 or die prematurely before the age of 60.Trauma insurance pays a lump-sum amount upon diagnosis of a serious illness, such as cancer. This could be a useful form of insurance if someone has a history of a particular type of cancer in their family.Question 8AnswerNeither of the statements are true (both are false)Only statement 1 is trueOnly statement 2 is trueBoth statements are true (neither are false)

Fill in the Blank QuestionFill in the blank question.When considering life insurance, you should consider present and sources of income.

The concept of insurance coverage initially began as:Question 4Answera.Life insuranceb.Health insurance for all citizensc.Workers compensationd.Property insurance

Multiple Select QuestionSelect all that applyWhich of the following factors should be considered before buying life insurance?Multiple select question.net worthgroup life insurancepresent and future incomestock pricesoption market prices

An insurance company offers life insurance policies.What kind of questions do you think the expertsystem will ask in order to establish whether aninsurance policy would be issued to a user?