Vidyalelo
Commerce · Q759

Insurance

Graduate and Post Graduate · Commerce · question 759

Q759

In Universal life products, larger the size of the premium,_________ the coverage provided and _________ the policy cash value.

A.
Smaller, larger
B.
Larger, smaller
C.
Smaller, Smaller
D.
Larger, larger
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In Universal life products, larger the size of the premium, Larger the coverage provided and larger the policy cash value.