Which of the following is not true regarding Term 100 policies: Question options: It is...
50.1K
Verified Solution
Link Copied!
Question
Finance
Which of the following is not true regarding Term 100 policies: Question options: It is a form of permanent insurance
There is no income tax reporting required
The policy holder has the option to choose investments that reflect their individual risk levels
The premium schedule will appear higher in the early years of the policy when compared with a five or ten year term (non-permanent) because the premium is level throughout the term to 100 policy payment period
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
