A life insurance policy that pays whether the policyholder lives or dies is called?
A life insurance policy that pays whether the policyholder lives or dies is called
A. premium insurance. C. term insurance.
B. straight life insurance. D. 20-year endowment.
You can compare quotes from different companies for free at: Usa insurance quotes
D. 20 year endowment would be the best answer in there.
“An endowment policy is a life insurance contract designed to pay a lump sum after a specified term (on its ‘maturity’) or on earlier death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.”
0% 0 Votes
Ready to Participate? Get Started!
All CategoriesBusiness & FinanceAdvertising & Marketing
Careers & Employment
Other – Business & Finance
Renting & Real Estate
source: insurance quotes