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%
D. 7.50%
Answer: Option C
Solution(By Examveda Team)
Where annually increasing flexible premiums operate under a life insurance policy, 5.00% of increase will generally apply.Related Questions on Insurance
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