Terminix Branch 2 Practice Exam

In a decreasing term policy, what decreases over time?

The premium The death benefit The cash value The interest rate

Correct Answer:

The death benefit

Explanation:

In decreasing term insurance, the premium remains level, but the face amount (death benefit) gradually decreases over the policy term, often used to cover a mortgage.

Access more questions from this quiz

Continue to Terminix Branch 2 Practice Exam for more practice questions and the full quiz experience.

Access More Questions