Level premium term insurance provides a level death benefit and a level premium during the policy term. If the policy renews at the end of the specified period of time, the policy premium will be

Level premium term insurance provides a level death benefit and a level premium during the policy term. If the policy renews at the end of the specified period of time, the policy premium will be




A. Adjusted to the insureds age at the time of renewal

B. Level with the previous premium

C. Decreased because the insured is renewing the contract

D. Waived



Answer: A. Adjusted to the insureds age at the time of renewal

Comments

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?