Management Notes

Reference Notes for Management

D needs life insurance that provides coverage for only a limited amount of time while also paying the lowest possible premium. What kind of policy is needed?

D needs life insurance that provides coverage for only a limited amount of time while also paying the lowest possible premium. What kind of policy is needed?

Looking for the answer to the question below related to  Management ?

D needs life insurance that provides coverage for only a limited amount of time while also paying the lowest possible premium. What kind of policy is needed?

 Options:

A) Limited-pay life
B) Graded premium
C) Level term
D) Endowment

The Correct Answer Is:

  • C) Level term

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