A prospect with a young family needs affordable whole life insurance. As a rising young executive, it is likely that the prospect’s current limited resources will increase substantially over the next 15 years. What type of whole life insurance variation would you recommend?

Insurance

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A prospect with a young family needs affordable whole life insurance. As a rising young executive, it is likely that the prospect’s current limited resources will increase substantially over the next 15 years. What type of whole life insurance variation would you recommend?

A) Modified life

B) Single pay

C) 20-pay life

D) Straight Whole Life

Answer: Modified life

The above question A prospect with a young family needs affordable whole life insurance. As a rising young executive, it is likely that the prospect’s current limited resources will increase substantially over the next 15 years. What type of whole life insurance variation would you recommend?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.