A life that pays whether the policyholder lives or dies is called

A. premium . C. term .

B. straight life . D. 20-year endowment.

 
  • Chris C 5:04 am on February 8, 2010

    D. 20 year endowment would be the best answer in there.

    From Wikipedia:
    "An endowment policy is a life insurance contract designed to pay a lump sum after a specified term (on its ‘maturity’) or on earlier death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness."

  • Jena 5:05 am on February 8, 2010

    You might want to check the site below if it answers your insurance question!

    http://www.goodinsurancebroker.com/

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