When does the cash value in a limited pay life policy increase more rapidly?

Insurance

Are you having trouble answering the question “When does the cash value in a limited pay life policy increase more rapidly?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

When does the cash value in a limited pay life policy increase more rapidly?

A) With a later endowment date.

B) As the premium payment period shortens.

C) As the premium payment period lengthens.

D) With the insured’s attained age.

Answer: B) As the premium payment period shortens.

You should now have gotten the answer to your question “When does the cash value in a limited pay life policy increase more rapidly?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.