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IIA

IIA-CFSA · Question #421

Endowment policies are similar to___________ policies in that premiums are usually level through the term of policy and the policies build cash values.

The correct answer is A. Permanent life insurance. See the full explanation below for the reasoning.

Question

Endowment policies are similar to___________ policies in that premiums are usually level through the term of policy and the policies build cash values.

Options

  • APermanent life insurance
  • BStraight life insurance
  • CWhole life insurance
  • DUniversal life insurance

How the community answered

(19 responses)
  • A
    84% (16)
  • C
    11% (2)
  • D
    5% (1)

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