Which of these would be the best example of a limited pay life insurance policy?

Insurance

Are you looking for the correct answer to the question “Which of these would be the best example of a limited pay life insurance policy?”? 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.

Which of these would be the best example of a limited pay life insurance policy?

Options

a) Whole life policy that pays out its cash value over a 20 year period
b) Whole life policy with premiums paid up after 20 years
c) Term life policy that returns cash value after 20 years
d) Term life policy with premiums paid up after 20 years

Answer: b) Whole life policy with premiums paid up after 20 years

The above question Which of these would be the best example of a limited pay life insurance policy?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.