multiple choice\nwhat kind of premium does a whole life policy have?\na. o adjustable\nb. o level\nc. o…
multiple choice\nwhat kind of premium does a whole life policy have?\na. o adjustable\nb. o level\nc. o deferred\nd. o decreasing
Answer
Brief Explanations:
Whole - life insurance policies typically have level premiums. This means that the premium amount remains the same throughout the life of the policy, providing predictability for the policy - holder.
Answer:
B. level