Which of the following is TRUE regarding an indeterminate premium whole life policy?
A. The premium is lower in the first year of the policy; then it is gradually raised every year.
B. The premium is level throughout the life of the policy.
C. The premium is usually higher in the first few years of the policy.
D. The premium can be raised up to a guaranteed maximum rate.

Respuesta :

Answer:

B.

Explanation:

Premium is the level in which my co-workers respect. I believe it's an important factor.