UPX Material - University of Phoenix
University of Phoenix Material
Sample Whole Life Insurance Policy Worksheet
Review the Sample Whole Life Insurance Policy and answer the following questions. Answer each question in 45- to 90-words:
|Question |Answer |
|What is the primary difference between a | |
|Universal Life and a Whole life Insurance | |
|policy? | |
| | |
| | |
|What is the life insurance qualification test?| |
| | |
| | |
| | |
|Explain the contestable period. | |
| | |
| | |
| | |
|Explain the payment of policy proceeds | |
|provision. | |
| | |
| | |
| | |
|Explain the primary difference between a whole| |
|life policy and a term policy. | |
| | |
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