Cơ bản về bảo hiểm nhân thọCâu 388 / 716
A modified whole life policy is characterized by:
a.Lower premiums during the first few years and higher, level premiums thereafter
b.No premiums due at all after the very first payment
c.A single lump-sum premium paid at issue that fully funds the policy for the insured's lifetime
d.Premiums that decrease a little every single year
Giải thích
Modified whole life charges reduced premiums in the initial years (helpful for younger buyers with limited budgets) and then a higher, level premium for the remainder of the policy. A single lump-sum payment describes single-premium whole life. Premiums that decline annually are not the modified design. And coverage is not fully paid after one payment. The appeal of modified whole life is easing the early cost of permanent coverage while still providing lifetime protection.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A universal life policy is at risk of lapsing if:
- A survivorship (second-to-die) life insurance policy pays the death benefit:
- A joint life (first-to-die) policy covering two people is designed to pay:
- Single-premium whole life insurance is funded by:
- An adjustable life policy is distinctive because it allows the policyowner to:
- Current assumption (interest-sensitive) whole life differs from traditional whole life mainly in that its:
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Đội ngũ PrepPass · Đối chiếu với California Life & Health Insurance License Exam · Quy trình kiểm tra
Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)