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Anne bought a Whole Life policy with a Guaranteed Insurability provision. This means which of the following?
Options
a. Anne is guaranteed issue of a policy upon application.
b. Anne may purchase additional insurance at set periods of time with no evidence of insurability.
c. She can convert to any policy with a lower premium rate without evidence of insurability.
d. She is guaranteed a certain interest rate on the cash value.
Answer: B
The above question Anne bought a Whole Life policy with a Guaranteed Insurability provision. This means which of the following?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
