In a decreasing term policy,a level of protection is constant throughout all periods of coverage,while the level of premiums reduce consistently with each passing year.

Name: In a decreasing term policy,a level of protection is constant throughout all periods of coverage,while the level of premiums reduce consistently with each passing year.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a decreasing term policy, the level of protection decreases over time, while the level of premiums remains consistent.

In a Decreasing Term Policy,a Level of Protection Is Constant