Whole life policies offer lifetime coverage at a level premium rate that does not increase as the insured ages. Whole life policies are classified in all of the below mentioned categories EXCEPT:
A) Continuous premium policies
B) Limited payment policies
C) Decreasing life policies
D) Single premium policies
Correct Answer:
Verified
Q368: "A valid contract involves each party giving
Q369: Which one of the following Factors does
Q370: The fund prospectus is the document that
Q371: For example, $50,000 five-year policy might decrease
Q372: Securities lending refers to the practice of
Q374: Universal life policies are a form of
Q375: The companies strive to improve customer acquisition,
Q376: Financial services organizations are challenged to provide
Q377: Personal liability covers claims for bodily injury
Q378: Most of the group health policies contain
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents