13 Best Life Insurance Questions and Answers (Q&A) - ProProfs Discuss

What type of interest rates are offered by the Universal Life insurance policy?

Chris Kenway, Content Writer
Answered: Aug 23, 2018

The universal life insurance policy offers different interest rates for different policies. The two types of interest rates that are commonly used are the guaranteed and current. The fixed and...Read More

3 Answers

667 views

What two types of interests rate does a Universal Life insurance policy have?

O. Miller, Content Optimization Executive
Answered: May 10, 2019

It can be daunting to find the right company and the right policy that you should get for your insurance but it helps to know as many details about insurance as possible. The two types of...Read More

2 Answers

514 views

How many types of life insurance policies are there?

M. Parker, Internet Researcher
Answered: Sep 20, 2018

These four life insurance policy types must be sold with the following cautions. Term insurance covers you for an agreed period of time. When that expires, you are not covered. Whole of life...Read More

2 Answers

467 views

What is the difference between Copay and Deductible?

O.Olivia
Answered: Jul 20, 2020

When you say copay, this means that you are dealing with an amount that has a fixed rate. No matter what you do, the amount that you have to pay for will remain to be the same. It is different...Read More

8 Answers

286 views

What do you understand by the term "return of a premium life insurance"?

John Smith
Answered: Jan 20, 2025

Return of Premium Rider life insurance will allow the policyholders to recover premiums paid over the life of the policy.

1 Answer

271 views

What is the difference between Umbrella and Excess Liability?

J. Emmerich, Web Content Writer
Answered: Apr 08, 2020

Umbrella policies provide additional limits over the underlying liability. It usually delivers broader coverage than excess liability policy. Excess liability policies also give further limits...Read More

1 Answer

104 views

What is the difference between Shares and Bonds?

W.Willow
Answered: Feb 28, 2020

Shares and bonds are most times confused to be the same thing. This is not true as there are some differences between the two. Whenever big companies want to source for money, they resort to the...Read More

2 Answers

81 views

Life Insurance Questions and Answers (Q&A)

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