1. Offers a benefit upon death and builds a cash value
2. Provides insurance for a specific period of time and has no remaining value
3. Provides flexibility in
insurance protection and savings options
4. Provides protection as well as savings that are invested in equity products
a. Universal...
Praxis - Housing and Interior Design
Questions & Answers 100% Correct!!
1. Offers a benefit upon death and builds a cash value
2. Provides insurance for a specific period of time and has no remaining value
3. Provides flexibility in
insurance protection and savings options
4. Provides protection as well as savings that are invested in equity products
a. Universal life
b. Variable
c. Permanent life
d. Term life - ANSWER 1. c - permanent life
2. d - term life
3. a - universal life
4. b - variable
The guest circulation pattern on a floor plan involves movement from the entry to the
a. kitchen
b. bedroom
c. basement
d. powder room - ANSWER d. powder room
Private mortgage insurance is usually required by the holder of the mortgage until the owner has
what percent of equity in the home and requests cancellation of the payment?
a. 20%
b. 30%
c. 40%
d. 50% - ANSWER a. 20%
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