What if you were asked to ranks these three Whole Life payment arrangements in order according to their initial (very first) premium payment:
Ordinary (Traditional) Whole Life
Single Premium Whole Life
& a Modified Whole Life plan
It often helps to draw out what you know.
The order could be remembered as: M.O.S.
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This website is a collection of my personal class notes for use by my students looking to pass the California Life Insurance Exam. It is not endorsed by any Insurance Company, or any Department of Insurance.
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