You want to pay premiums for 20 years and have your insurance premium obligations finished at that time. However, you feel you will need life insurance for the rest of your life. You should choose a _____ insurance.
A) continuous premium whole life
B) limited payment whole life
C) single premium whole life
D) renewable premium whole life
E) convertible whole life
Correct Answer:
Verified
Q51: The death benefit of a(n)_ life insurance
Q58: A(n)_ provision enables you to purchase the
Q60: _ is a relatively expensive type
Q63: Which of the following represents a disadvantage
Q64: A life insurance policy with a small
Q72: Employers often provide _ life insurance as
Q75: Universal life insurance is:
A) a deferred premium
Q76: _ can be both an advantage and
Q78: Sales commissions and marketing expenses can increase
Q79: Which of the following types of insurance
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