Management Notes

Reference Notes for Management

Whole Life insurance is sometimes referred to as “Straight Life”. What does the word “Straight” indicate when using this phrase?

Whole Life insurance is sometimes referred to as "Straight Life". What does the word "Straight" indicate when using this phrase?

Looking for the answer to the question below related to  Management ?

Whole Life insurance is sometimes referred to as “Straight Life”. What does the word “Straight” indicate when using this phrase?

 Options:

a) The incontestable period
b) The ability to borrow against the cash value
c) The Grace Period
d) The duration of premium payments

The Correct Answer Is:

  • d) the duration of premium payments

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