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hjlf
3 years ago
7

What is the name of the life insurance policy that is written on the life of a minor, is owned and paid for initially by a paren

t, and whose face amount increases to 5 times its original amount at age 21
Social Studies
1 answer:
Vaselesa [24]3 years ago
3 0

Answer:

jumping juvenile policy

Explanation:

Based on the information provided within the question it can be said that the type of policy that is being mentioned is known as a jumping juvenile policy. Like mentioned in the question this is a life insurance policy that is bough by a parent but is meant for a child, and the main difference in this policy is that it's value increases by 5 times its original value when the child reaches 21 years of age, even though the premium stays the same.

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Explanation:

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In what ways does al-qaeda, its religious and political views, and its methods pose a challenge to
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3 years ago
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Obedience to authority would be considered abnormal conduct if you were the king or queen of your realm.

<h3>What does Stanley Milgram's experiment in this regard explain?</h3>

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Learn more about Milgram's experiment: brainly.com/question/19328289

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1 year ago
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