Which statement about a whole life policy is true? Archives - Management Notes

Which statement about a whole life policy is true?

October 30, 2023September 26, 2022 by Smirti Bam

Which statement about a whole life policy is true?

Which statement about a whole life policy is true?

Options:

Beneficiary may be charged only with the consent of the premium payor
Death benefit can usually be adjusted
Cash value may be borrowed against
Premiums are flexible

The Correct Answer Is:

c. Cash value may be borrowed against