Ace Arkansas Life & Health Insurance 2025 – Secure Your Success!

Question: 1 / 400

Which of the following would have the highest first-year annual premium for a 30-year-old, all other factors being equal?

Term to age 70

Term to age 70 would have the highest first-year annual premium for a 30-year-old because the premium amount is influenced by the age of the insured. Term to age 70 would cover the insured until they reach the age of 70, which is a shorter period compared to Term to age 90, Whole Life, and Universal Life policies. Therefore, since the coverage period is shorter, the risk of the insurance company having to pay out a death benefit during the term is higher, resulting in a higher premium cost for the insured.

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Term to age 90

Whole Life

Universal Life

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