menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning
  4. Exam
    Exam 8: Insuring Your Life
  5. Question
    When You Stop Making Premium Payments on a Whole Life
Solved

When You Stop Making Premium Payments on a Whole Life

Question 86

Question 86

True/False

When you stop making premium payments on a whole life policy,the protection is immediately forfeited.

Correct Answer:

verifed

Verified

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

Related Questions

Q38: Choose the word or phrase in [

Q54: Life insurance designed to pay the balance

Q59: Term insurance is generally the most economical

Q77: Underwriters can predict whether or not you

Q80: Kurt purchased a policy with an initial

Q83: Credit life insurance is often a legal

Q85: Which type of settlement option pays for

Q87: INSTRUCTIONS: Choose the word or phrase in

Q90: In determining available resources to offset economic

Q91: Multiple indemnity policies should be ignored as

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