a limited-pay life policy has quizlet
A Increasing Term Life policy B Nonparticipating policy C Modified Whole Life policy D Universal Life policy. What kind of policy is this.
Cash value may be borrowed against.
. After a number of years the policys cash value accumulates to 50000 and the face amount becomes 350000. Face amount plus the policys cash value. Premium payments limited to a specified number of years.
Which statement about a whole life policy is correct. A Limited-Pay Life policy has. What type of life policy covers 2 lives and pays the face amount after the first one dies.
Related
Cash value may be borrowed against. Joe has a life insurance policy that has a face amount of 300000.
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