An insurance policy that allows both the premium amount and the maturity of the life contract to be changed by the insured is called

A. term life.
B. universal life.
C. whole life.
D. endowment life.
E. variable life.

Ans: B. universal life.

Business

You might also like to view...

Managers usually form ______ work teams to improve quality, increase motivation and satisfaction, and lower costs.

-formal -informal -self-managed -task force

Business

People in the United States are more formal when compared to people of other cultures

Indicate whether the statement is true or false.

Business