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 forc

Question

Sati [7]

3 years ago

5

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 forc

e. True or False

Mathematics

1 answer:

Art [367] · Answer 1 · 2022-03-15T09:28:15+03:00

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.