Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at age 65. What would be the right policy for this client?
Your client wants both protection and savings from the insurance, and is willing to pay premiums until retirement at age 65. What would be the right policy for this client?
A. Life annuity with period certain
B. Increasing term
C. Limited pay whole life
D. Interest-sensitive whole life
Answer: C. Limited pay whole life
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