Exam DISC-IA Practice Question 200
Study guide: Exam DISC-IA
A 35-year-old parent has a 20-year mortgage and two young children. She wants the largest death benefit her budget allows until the mortgage is paid off, and she would like the option of keeping some coverage for life later without having to prove she is still in good health. Which policy best fits these needs?
- A) A 20-year level term policy that is convertible to cash value coverage
- B) A whole life policy with premiums payable to age 65
- C) A 10-year nonrenewable term policy, bought again when it expires
- D) A universal life policy funded at the lowest premium the insurer allows
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