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A whole life policy that combines term insurance and investment elements is called:

Question

A whole life policy that combines term insurance and investment elements is called:

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Solution

The type of whole life policy that combines term insurance and investment elements is called a Universal Life Insurance.

Similar Questions

The-------------- is a life insurance product as well as an investment plan which provides life insurance cover against death of the policy holder along with periodic returns as a percentage of sum assured.       term Insurance       Whole Life Policy       Endowment Plans       Money Back Policy

term life insurance is considered to be the:

The amount received after giving up a whole life type of insurance policy is called the:

primary factor for determining premiums for whole life insurance policies is the:

Whole life insurance has premiums, at first to build up a reserve when the chances of dying are smaller, than does life insurance.

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