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7/5/20

[Answer] What type of permanent insurance allows the policyowner to pay for a policy in a specified period of time and the policyowner does not have to make any more premium payments for the life of the policy?

Answer: limited payment




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What type of permanent insurance allows the policyowner to pay for a policy in a specified period of time and the policyowner does not have to make any more premium payments for the life of the policy? What type of permanent insurance allows the policyowner to pay for a policy in a specified period of time and the policyowner does not have to make any more premium payments for the life of the policy ? limited payment. It's purpose in life insurance policies is to protect the policy owner against an inintentional lapse of the policy . Limited Payment What type of permanent insurance allows the policy owner to pay for a policy in a specified period of time and the policy owner does not have to make any more premium payments for the life of the policy ? A renewable Term Life insurance policy allows the policyowner the right to renew the policy A) at anytime the policy chooses ... A life insurance policy that pays the face amount if the insured survives to a specified period of time is called A) universal life B) endowment insurance C) modified life ... permanent and limited- pay life insurance ... Unlike term insurance a permanent insurance policy will remain in force for as long as you continue to pay your premiums. Because these policies are designed and priced for you to keep over a long period of time this may be the wrong type of insurance for you if you don’t have a long-term need for life insurance coverage. which type of policy insurance allows the policyowner to pay more or less than the planned premium ? universal life A policy will pay the deat...

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