Exam (elaborations)
TEXAS GENERAL LINES - LIFE, ACCIDENT AND HEALTH INSURANCE PRACTICE EXAM, COMPLETE SOLUTION
- Course
- Institution
Sandra Timms, age 27, is advised by her producer to purchase Life insurance to cover a 20-year-amortized $50,000 business-improvement loan. Which of the following plans would adequately protect Ms. Timms at the minimum premium outlay? - ANSWER A- $50,000 Whole Life policy B- $50,000 Level Term pol...
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