Level premium term life insurance policies

Insurance

Are you looking for the correct answer to the question “Level premium term life insurance policies”? 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.

Level premium term life insurance policies

Options

a) build cash value in a separate account
b) automatically convert to permanent insurance at a predetermined date
c) automatically renew at predetermined dates
d) have premiums that are averaged over the policy period

Answer: d) have premiums that are averaged over the policy period

The above question Level premium term life insurance policies, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.