question 15 of 85 which of the following policies can be described as a flexible premium adjustable life…
question 15 of 85 which of the following policies can be described as a flexible premium adjustable life policy? a. whole life b. term life c. credit life d. universal life
Answer
Brief Explanations:
Universal life insurance offers flexible premiums and adjustable death - benefit amounts. Whole life has fixed premiums, term life is for a set term with fixed premiums in most cases, and credit life is tied to debt repayment.
Answer:
D. Universal Life