Solved

At the End of Year 5,Allison Could

Question 198

Multiple Choice

  At the end of year 5,Allison could A) pay nothing more in premiums and collect $100,000 in 6 years and 142 days. B) pay nothing more in premiums and have $7,950 paid-up insurance the rest of her life. C) cancel the policy and collect $7,950. D) cancel the policy and collect $14,450.
At the end of year 5,Allison could


A) pay nothing more in premiums and collect $100,000 in 6 years and 142 days.
B) pay nothing more in premiums and have $7,950 paid-up insurance the rest of her life.
C) cancel the policy and collect $7,950.
D) cancel the policy and collect $14,450.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents