Ask Question

All of the following are true regarding Current Assumption Whole Life, except: A Interest rate changes affect policy premiums B The policy has a guaranteed minimum death benefit C The insurer may have to add a corridor of insurance protection to keep the policy from endowing D If current rates decrease, the policyowner pays reduced premiums, or the cash values will grow faster

+1
Answers (1)
  1. 6 May, 03:10
    0
    D If current rates decrease, the policyowner pays reduced premiums, or the cash values will grow faster

    Explanation:

    If current rates increase (not decrease), either the policyowner pays a reduced premium, or the cash value will increase at a faster rate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “All of the following are true regarding Current Assumption Whole Life, except: A Interest rate changes affect policy premiums B The policy ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers