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IIA

IIA-CFSA · Question #402

At times when you have more money available, you can pay as if it were a whole life policy and accumulate cash value on a tax deferred basis. It is the advantage of:

The correct answer is B. Group life insurance. See the full explanation below for the reasoning.

Question

At times when you have more money available, you can pay as if it were a whole life policy and accumulate cash value on a tax deferred basis. It is the advantage of:

Options

  • BGroup life insurance
  • CBoth A & B
  • DNone of these

How the community answered

(27 responses)
  • B
    81% (22)
  • C
    7% (2)
  • D
    11% (3)

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