Whole Life
Across
- 2. dividends pay future premiums
- 4. uses policy's cash value to purchase term insurance
- 7. can be generated by FP/FPA or In Force team
- 9. uses cash value to purchase a smaller policy that requires no more premium payments
- 10. does not receive dividends
Down
- 1. the type of insurance that uses NFOs to stay active
- 3. not guaranteed
- 5. takes a loan from cash value to cover the premium
- 6. lets policy owners use cash value to keep some form of coverage
- 8. how many non forfeiture options there are to choose from