You wish to ensure that your life insurance will not cease once you reach the age of 70.Which types of life insurance would satisfy this need? I Whole Life Insurance
II Term-to-100 Insurance
III Universal Life Insurance
IV Declining Term Insurance

Question

Quizplus · Accepted Answer

Both Whole Life Insurance and Term-to-100 Insurance provide lifetime coverage and will not cease once the insured reaches the age of 70. Universal Life Insurance may last beyond age 70, but it is not guaranteed and will depend on the policy's cash value and premiums. Declining Term Insurance, on the other hand, only provides coverage for a specific period and will not meet the requirement of ensuring coverage beyond age 70. Therefore, the best choices to ensure coverage beyond age 70 would be I, II, and III.

You Wish to Ensure That Your Life Insurance Will Not