For which of the following policies would an insurer need to explain how relatively high premiums and possible anticipated generous dividends could allow the insured to not pay premiums after a certain point?

Insurance

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For which of the following policies would an insurer need to explain how relatively high premiums and possible anticipated generous dividends could allow the insured to not pay premiums after a certain point?

a. Variable Universal Life

b. Vanishing Premium policy.

c. Decreasing Premium Policy.

d. Endowment policy

Answer: B

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