Dave purchased a life insurance policy. The policy is nonparticipating and the cash values are based on the insurer’s present mortality, investment, and expense experience. After 2 years, the insurer will recalculate the premium based on the mortality, investment, and expense experience at that time. Dave purchased

Insurance

Are you having trouble answering the question “Dave purchased a life insurance policy. The policy is nonparticipating and the cash values are based on the insurer’s present mortality, investment, and expense experience. After 2 years, the insurer will recalculate the premium based on the mortality, investment, and expense experience at that time. Dave purchased”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Dave purchased a life insurance policy. The policy is nonparticipating and the cash values are based on the insurer’s present mortality, investment, and expense experience. After 2 years, the insurer will recalculate the premium based on the mortality, investment, and expense experience at that time. Dave purchased

A) current assumption whole life.

B) variable life insurance.

C) universal life insurance.

D) variable universal life insurance

Answer: A) current assumption whole life.

You should now have gotten the answer to your question “Dave purchased a life insurance policy. The policy is nonparticipating and the cash values are based on the insurer’s present mortality, investment, and expense experience. After 2 years, the insurer will recalculate the premium based on the mortality, investment, and expense experience at that time. Dave purchased”, which was part of Insurance MCQs & Answers. Thanks for choosing us.