Exam term
Multiple protection policy
A policy that pays a multiple of the face amount, such as double or triple, if death occurs during a stated period, typically to a set age like 65, and only the base face amount after that.
Exam term
A policy that pays a multiple of the face amount, such as double or triple, if death occurs during a stated period, typically to a set age like 65, and only the base face amount after that.