Question
When buying a term policy, the level period can range from 1 year to 30 years. When referring to the period of time selected, what
When buying a term policy, the level period can range from 1 year to 30 years. When referring to the period of time selected, what legal term is used?
Group of answer choices
Duration
Benefit Period
Period Certain
Term Period
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
