Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the premium must be paid for what time period?

Insurance

Are you having trouble answering the question “Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the premium must be paid for what time period?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the premium must be paid for what time period?

Answer: For 20 years or until the insured’s death, whichever occurs first.

You should now have gotten the answer to your question “Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the premium must be paid for what time period?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.