人寿保险基础第 395 / 716 题

Which form of term insurance keeps both the premium and the death benefit constant for the entire term?

a.Level term
b.Increasing term
c.Decreasing term
d.Annual renewable term

解析

Level term holds both the face amount and the premium steady for the full term, which is why it is the most common form for temporary needs. Decreasing term keeps a level premium but a shrinking benefit. Increasing term has a benefit that grows. Annual renewable term keeps a level benefit but a premium that rises each year. Only level term locks in both values for the whole term.

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