menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 6: Financial Services: Insurance
  5. Question
    An Insurance Policy That Allows Both the Premium Amount and the Maturity
Solved

An Insurance Policy That Allows Both the Premium Amount and the Maturity

Question 38

Question 38

Multiple Choice

An insurance policy that allows both the premium amount and the maturity of the life contract to be changed by the insured is called


A) term life.
B) universal life.
C) whole life.
D) endowment life.
E) variable life.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: The insurance company that was the largest

Q34: Higher uncertainty of losses forces property-casualty firms

Q35: A term life policy allows the policyholder

Q36: The McCarran-Ferguson Act of 1945<br>A)separated commercial banking

Q37: Returns on an insurer's asset portfolio and

Q39: For property-casualty insurers, loss rates are more

Q40: Due to a recent increase in demand

Q41: Life insurance companies tend to concentrate their

Q42: State-sponsored insurance guarantee funds are run and

Q43: During the most recent financial crisis, life

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines