In Business / College | 2025-07-07

What kind of life policy either pays the face value upon the death of the insured or when the insured reaches age 100?
A. Whole Life
B. Credit Life
C. Term Life
D. Universal Life

Asked by desmind90

Answer (1)

Whole Life Insurance pays the face value upon death or upon reaching age 100. It provides permanent coverage and accumulates cash value over time. Other types of life insurance, like Term Life, do not offer these features. ;

Answered by GinnyAnswer | 2025-07-07

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