Management Notes

Reference Notes for Management

F needs life insurance that provides coverage for only a limited amount of time with a death benefit that changes regularly according to a schedule. What kind of policy is needed?

F needs life insurance that provides coverage for only a limited amount of time with a death benefit that changes regularly according to a schedule. What kind of policy is needed?

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

F needs life insurance that provides coverage for only a limited amount of time with a death benefit that changes regularly according to a schedule. What kind of policy is needed?

 Options:

A) Level term policy
B) whole life policy
C) Limited-pay policy
D) Decreasing term policy

The Correct Answer Is:

  • D) Decreasing term policy

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