Q70
Where annually increasing flexible premiums operate under a life insurance policy, what rate of increase will generally apply?
A.
2.50%
B.
3.00%
C.
5.00%
AnswerD.
7.50%
Answer: Option C
Solution
Answer: Option C
Solution:
Where annually increasing flexible premiums operate under a life insurance policy, 5.00% of increase will generally apply.