Management Notes

Reference Notes for Management

J is 35-years old and looking to purchase a whole life insurance policy. Which of the following types of policies will provide the most rapid growth of cash value?

J is 35-years old and looking to purchase a whole life insurance policy. Which of the following types of policies will provide the most rapid growth of cash value?

J is 35-years old and looking to purchase a whole life insurance policy. Which of the following types of policies will provide the most rapid growth of cash value?

 Options:

  1. Life Paid-up at Age 70
  2. 20-pay Life
  3. Increasing Term to age 65
  4. Straight Life

The Correct Answer Is:

b. 20-pay LifeJ is 35-years old and looking to purchase a whole life insurance policy. Which of the following types of policies will provide the most rapid growth of cash value

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