Modern traditional whole life policies are typically designed to mature (endow) at approximately:

a.Age one hundred twenty-one
b.Age sixty-five in modern policies
c.Age forty
d.Age thirty

Giải thích

Modern whole life policies are generally designed so the cash value equals the face amount and the policy endows at about age 121, reflecting today's longer life expectancies; older policies commonly used age 100. Ages such as sixty-five, forty, or thirty are far too early for whole life to mature and would not allow the cash value to grow into the face amount. The maturity (endowment) age matters because that is when the policy pays out even if the insured is still living.

Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.

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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)
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