The value of all premiums paid plus interest

Assignment Help Financial Management

Reference no: EM131952968

True or False:

1) If you stop paying the premiums on a term life insurance policy, the insurance company will pay you the value of all premiums paid plus interest.

2) In general, level term life insurance is high-benefit coverage you buy for a set period of time. Premiums are typically lower than for permanent insurance such as universal life policies.

Reference no: EM131952968

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