Which of the following best defines target premium in a universal life policy?

Which of the following best defines target premium in a universal life policy?


A. The corridor of insurance

B. The recommended amount to keep the policy in force throughout its lifetime

C. The maximum amount the policyowner may pay on a policy

D. The minimum amount to make sure the policy is annually renewable


Answer: B. The recommended amount to keep the policy in force throughout its lifetime

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