Management Notes

Reference Notes for Management

Life insurance that covers an insured’s whole life with level premiums paid over a limited time is called:

Life insurance that covers an insured's whole life with level premiums paid over a limited time is called

Life insurance that covers an insured’s whole life with level premiums paid over a limited time is called:

 Options:

Adjustable Life
Renewable Term
Limited Pay Life
Joint Life

The Correct Answer Is:

  • Limited Pay Life

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