Which insurance is known for having a level premium with a fixed rate - ProProfs Discuss
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Which insurance is known for having a level premium with a fixed rate of return resulting in guaranteed cash value?



A. Adjustable Life
B. Whole Life
C. Variable Life
D. Universal Life

This question is part of California Life Insurance Practice Exam
Asked by Wyatt Williams, Last updated: Jul 05, 2020

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Thomas Ben

Life Insurance Adviser who can connect the policy seekers with the right insurance providers. https://www.swiftlifeinsurance.co.uk

Thomas Ben, Financial & Insurance Adviser, Higher Education, united kingdom

Answered Oct 30, 2019

B. Whole Life

The whole of life insurance is to secure your dependents financially with the best family life insurance plans by getting a lump sum amount resulting in cash value in the absence of policyholders.

 

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