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7/5/20

[Answer] Which of the following would be considered a flexible premium policy?

Answer: universal life




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Which of the following would be considered a flexible premium policy? Which of the following would be considered a flexible premium policy ? universal life. If an annuitant dies during the accumulation period what will the beneficiary receive? ... frequency with which the policy premium will be paid. All other factors being equal which of the following types of policies will accumulate cash value at the fastest ... Insuranceopedia explains Flexible Premium Annuity. These annuities are called flexible because the annuitant can choose how they pay their premium whether it's monthly quarterly annually or in a lump sum. Likewise when the annuitant monetizes the policy after retirement they can choose from monthly quarterly or annual disbursement. One of the advantages of the flexible premium annuity is … Sun May 17 2020 · Flexible premium adjustable life insurance is a type of whole life insurance policy that offers individuals the greatest amount of flexibility in terms of their investment choice and monthly premiums. It provides both a death benefit and an investment vehicle.Many individuals opt for such a policy because it provides a form of forced savings for retirement while also protecting dependents in ... flexible premium policy : A policy wherein the insured can modify the amount and scheduling of premium payments. Indexed universal life insurance is a permanent life plan that has flexible premium payment and death benefit options. This policy also features a relatively low-risk investment opportunity. The... What is Flexible Premium Adjustable Life Insurance? What is Flexible Premium Adjustable Life Insurance? ...

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