Management Notes

Reference Notes for Management

S, age 40, is looking to buy a Life Insurance policy that will allow for increasing or decreases in coverage as his needs change. The policy best suited for S would be:

S, age 40, is looking to buy a Life Insurance policy that will allow for increasing or decreases in coverage as his needs change. The policy best suited for S would be:

S, age 40, is looking to buy a Life Insurance policy that will allow for increasing or decreases in coverage as his needs change. The policy best suited for S would be:

 Options:

  1. Straight life
  2. Universal Life
  3. an Endowment
  4. Modified Whole Life

The Correct Answer Is:

b. Universal Life

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