American_Bankers_Association
CTFA · Question #329
Decreasing term policy is:
The correct answer is D. None of these. See the full explanation below for the reasoning.
Investment Management
Question
Decreasing term policy is:
Options
- AA term insurance policy that maintains a level premium throughout all periods of coverage while
- BA term insurance policy that maintains a level premium throughout all periods of coverage while
- CA term insurance policy that maintains a level premium throughout all periods of coverage while
- DNone of these
How the community answered
(36 responses)- A8% (3)
- B14% (5)
- C3% (1)
- D75% (27)
Topics
#decreasing term policy#level premium#declining coverage#term life insurance
Community Discussion
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