Whole life and universal life insurance policies.

Review the Sample Whole Life Insurance Policy and answer the question in 45- to 90-words:

Explain the payment of policy proceeds provision.

Review the Sample Universal Life Insurance Policy and answer the question in 45- to 90-words:

Explain the cash value loan policy.

20180521035517fin428r4_universal_life_sample_policy (1)

Solution Preview

The payment proceeds could be paid as a lump sum or based on a fixed plan, depending on what the company and the insured, or the company and the beneficiary agree upon. In addition, the company is…

(209 Words)

Whole life and universal life insurance policies. was last modified: by