An insured must pay the specified interest rate to borrow his own "savings" when a loan is made on a whole life policy
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
An inventory system in which the inventory records are updated only after a physical count has been taken at periodic intervals, usually at the end of an accounting period.
What will be an ideal response?
Business
State whether the normal balance of each of the following accounts is a debit or credit.
Business