Question: Saurab is a 4 3 - year - old engineer planning to purchase a permanent life insurance policy. He wants the premiums to remain the
Saurab is a yearold engineer planning to purchase a permanent life insurance policy. He wants the premiums to remain the same without increasing in the future and wish loans. His agent recommends a participating whole life insurance policy, and Saurab asks if there are any disadvantages associated with a whole life policy. Which of the following nention?IRJWHdQTxrUDdkbWJEYLZUdNoZza Policy dividends are not guaranteed.b Coverage is not guaranteed for life if the life insured's health declines.c The policy does not offer nonforfeiture benefits Premiums are not guaranteed for life.
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