Moving to another question will save this response tion 1 Which of the following

Question

Moving to another question will save this response tion 1 Which of the following statements is most correct regarding Life Insurance policies and companies? O a A regular, baskc, term life insurance policy has level premium payments for the ife of the policy Ob Because whole ife or straight ife insurance has a level premium for the lile of the pollcy, you can espect t c. "Participating" life insurance policies have a premium price that will O d Women and Men should expect to pay the same premium for whole life insurance policles, even O e Whole e and other cash value lite insarance policles generally cost more (have a to pay the same premium for a given level of insurance regardless of when you apply for the policy does not make money, since they can charge the policy holder to pay (participate increase if the insurance company insurance policies generally cost more (have a higher premium price) than do lem life insurance policies in) the shotfal though they might expect to pay different amounts for term insurance Moving to another queston wil save this response

Explanation / Answer

As whole life insurance is more secured than straight life insurance, premium on whole life insurance is more. Option b is incorrect

Premium is fixed. It can not increase after making policy. Option c is incorrect

Insurance premium is same both for male and female. It depends on condition of health. Option d is incorrect

Option e is correct as premium on whole life insurance is more as this is more gurranted than term life insurance

Answer: option e

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