Have you ever struggled to answer the question “what does liquidity refer to in a life insurance policy” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.
What does liquidity refer to in a life insurance policy
Options:
- A) The policyowner receives dividend checks each year
- B) The insured is receiving payments each month is retirement
- C) Cash values can be borrowed at any time
- D) The death benefit replaces the assets that would have accumulated if the insured not died
The Correct Answer Is:
- C) Cash values can be borrowed at any time