You're looking into life insurance. If you don't want to pay premiums all your life but want a policy that is in force your entire life, which policy should you buy?

A. Limited payment life policy
B. Whole life policy
C. Universal life policy

Respuesta :

The answer to this question is A

You're looking into life insurance. If you don't want to pay premiums all your life but want a policy that is in force your entire life, the policy you should buy is Limited payment life policy. (A)

What is life insurance?

Insurance that pays out a sum of money either on the death of the insured person or after a set period.

What is a policy?

Policy is a course or principle of action adopted or proposed by an organization or individual.

What is limited payment life policy?

A life insurance policy that covers the insured's entire life with premium payments required only for a specified period of years.

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