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Question 355 - CTFA discussion

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Decreasing term policy is:

A.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection decreases
Answers
A.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection decreases
B.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection increases
Answers
B.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection increases
C.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection remains unchanged
Answers
C.
A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection remains unchanged
D.
None of these
Answers
D.
None of these
Suggested answer: D
asked 16/09/2024
Kellen Winters
40 questions
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