Are you looking for the correct answer to the question “If an insured owns has a life insurance policy as a child that allows them to increase the face amount at age 21, by what amount may the face amount may be increased?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
If an insured owns has a life insurance policy as a child that allows them to increase the face amount at age 21, by what amount may the face amount may be increased?
Options
a. 5 times the policy’s face amount
b. The policy face amount plus a specified amount
c. The policy’s face amount
d. 50% of the policy’s original face amount
Answer: A
The above question If an insured owns has a life insurance policy as a child that allows them to increase the face amount at age 21, by what amount may the face amount may be increased?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
