Management Notes

Reference Notes for Management

Level premium permanent insurance accumulates a reserve that will eventually

Level premium permanent insurance accumulates a reserve that will eventually

Level premium permanent insurance accumulates a reserve that will eventually

A) equal the face amount of the policy
B) pay a dividend to the policyowner
C) require the policyowner to make periodic withdrawals
D) become larger than the face amount

Correct Answer: A) equal the face amount of the policy

Level premium permanent insurance accumulates a reserve that will eventually

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