Multiple Choice
Assume you are 28 years old and wish to buy term insurance terminating at the age of 50. Which type of policy will charge you a constant premium until the age of 50?
A) Straight annual term
B) Ten-year renewable term
C) Five-year renewable term
D) Decreasing term
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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