Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

What is TRUE about permanent life insurance?

Sagot :

Because permanent (whole) life insurance protects the insured for their entire life, premiums are due each year until the insured dies. This may prove to be expensive when the insured is retired, and does not earn an income. The correct answer is: The premium-paying period may extend beyond the income-earning years.