(Solved): Which of the following statements correctly describes what happens to the policy premium and the dea ...

Which of the following statements correctly describes what happens to the policy premium and the death benefit in various types of term life insurance? A. Both the premium and the death benefit are always level. B. Premium decreases; death benefit decreases at the same rate. C. Premium remains level; death benefit may increase or decrease. D. Premium increases; death benefit remains level.