What would be the right policy for this client? Your client wants - ProProfs Discuss
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What would be the right policy for this client? Your client wants both protection and savings from insurance, and is willing to pay premiums until retirement at age 65.



A. Life Annuity, Period Certain
B. Limited Pay Whole Life insurance
C. Increasing Term insurance
D. 10-year endowment

This question is part of Chapter 12 Life Insurance Policies
Asked by CITC, Last updated: Oct 15, 2019

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2 Answers

Thomas Ben

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

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

Answered on Oct 15, 2019

C. Increasing Term insurance

Term insurance policy is a policy where we can fix the term period as chosen by the policyholder. Where it helps to save money and death benefit.

 Reply

John Smith

John Smith

Answered on Jan 27, 2017

Limited Pay Whole Life insurance
 Reply

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