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    Question

    In which type of the following insurances does the

    premium amount remains the same all over the period, it doest change?
    A Level Premium Policy Correct Answer Incorrect Answer
    B Health insurance Correct Answer Incorrect Answer
    C Education insurance Correct Answer Incorrect Answer
    D Mortgage life insurance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Level-premium insurance is a type of life insurance in which premiums stay the same price throughout the term, while the amount of coverage offered increases. These policies may be permanent or term life.

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