Looking for the answer to the question below related to Management ?
N is a 40-year old applicant who would like to retire at age 70. He is looking to buy a life insurance policy with level premiums, permanent protection, and be paid-up at retirement. Which of these should N purchase?
Options:
| A) 30 pay life B) Term to Age 70 C) Universal Life D) Adjustable Life |
The Correct Answer Is:
- A) 30 pay life