Which of the following policies would best suit a prospective insured who desires permanent insurance but does not want to pay premiums indefinitely?

Insurance

Are you having trouble answering the question “Which of the following policies would best suit a prospective insured who desires permanent insurance but does not want to pay premiums indefinitely?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Which of the following policies would best suit a prospective insured who desires permanent insurance but does not want to pay premiums indefinitely?

A) Graded premium whole life policy.

B) Limited pay life policy.

C) Modified whole life policy.

D) Indeterminate premium whole life insurance.

Answer: B) Limited pay life policy.

You should now have gotten the answer to your question “Which of the following policies would best suit a prospective insured who desires permanent insurance but does not want to pay premiums indefinitely?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.