6.1k views
5 votes
The cash value of an insurance policy is a function of the face value of the policy and the length of time the policy is in force. True or False

1 Answer

6 votes

The answer to this question is TRUE. Cash Values in and insurance policy shows the face value of the policy and the length of time the policy is in force. Cash values increases until it reaches the length of the policy to mature and it is now equal to the face amount of the policy.

User Verron Knowles
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories