Vidyalelo
Commerce · Q762

Insurance

Graduate and Post Graduate · Commerce · question 762

Q762

Universal Life plans provide for which of the following facility?

A.
Payment of additional premiums over and above the target amount
B.
Skipping of premiums
C.
Both A & B
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
Universal Life plans provide for Payment of additional premiums over and above the target amount and Skipping of premiums.