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