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Question 358 - CTFA discussion

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Whole life insurance is a life insurance designed to offer ongoing insurance coverage over the course of an insured's entire life. The noteworthy advantage of whole life insurance is:

A.
Premium payments contribute towards building an estate
Answers
A.
Premium payments contribute towards building an estate
B.
One can budget premium payments for a long period
Answers
B.
One can budget premium payments for a long period
C.
It's a low-load life insurance
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C.
It's a low-load life insurance
D.
These are sold only by agents
Answers
D.
These are sold only by agents
Suggested answer: A
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asked 16/09/2024
Anu V
34 questions
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