menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Business Law
  4. Exam
    Exam 32: Insurance
  5. Question
    A Policy That Makes Payments to the Owner Monthly for Her
Solved

A Policy That Makes Payments to the Owner Monthly for Her

Question 28

Question 28

Multiple Choice

A policy that makes payments to the owner monthly for her entire life is called:


A) whole life insurance
B) universal life insurance
C) an annuity
D) disability insurance

Correct Answer:

verifed

Verified

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

Related Questions

Q18: Abraham has just purchased his first car.His

Q23: A person always has an insurable interest

Q25: Health insurance plans that specify that the

Q27: Universal life insurance is the same thing

Q30: Term life insurance premiums are paid only

Q31: Crown Bakeries,Inc.has an insurable interest in Brian,its

Q32: Discuss the rules for insurable interests.

Q33: Bob issued a "binder" on behalf of

Q37: In purchasing life insurance,Kelsey concealed the fact

Q42: April purchased a life insurance policy on

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