A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy 1. Required a premium increase each renewal. 2. Built cash values. 3. Required proof of insurability every year. 4. Decreased death benefit at each renewal.

A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy
1. Required a premium increase each renewal.
2. Built cash values.
3. Required proof of insurability every year.
4. Decreased death benefit at each renewal.

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