Pay-in-Advance Policies

  • 1985 11 - FTC - Report - Life Insurance Products And Consumer Information, by Michael P. Lynch and Robert J. Mackay, Staff Report Bureau of Economics, Federal Trade Commission  ---  [BonkNote]  ---  317p
    • p1 - This second class of policies necessarily combine insurance and savings and so we term these policies 'pay-in-advance' policies. Within the class of pay-in-advance policics there are three general types that are considered in this report: par and non-par Whole Life and Universl Life.