The primary reason life insurance policies have a savings element is to allow the:

A) insured to have money for old age or for other purposes
B) insurer to reduce the cost of insurance by investing money at high interest rates
C) insured to accumulate funds to aid in the long-term financing of private business enterprises
D) insured to obtain lifetime protection at a level premium

D

Business

You might also like to view...

To gather information about an organization, a journalist first contacts a public relations professional, then visits the organization's website

Indicate whether the statement is true or false

Business

An application is a static entity; once developed, it never changes again

Indicate whether the statement is true or false

Business