An insured arranges for his premium payment to cease at the age of 70. This is a whole life policy with
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Correct Answer: Option B
Explanation:
A limited premium payment plan is a plan where you paythe premium for a shorter span of time and enjoy the benefits of an insurance cover for a long time.
A limited premium payment plan is a plan where you paythe premium for a shorter span of time and enjoy the benefits of an insurance cover for a long time.