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Which of these characteristics is consistent with a Straight Life policy? Owner can adjust both premium and death benefit Premiums are lower for the first five years, increase the sixth year, then levels off for the remaining length of the contract Owner has the option of converting to term insurance Premiums are payable for as long as there is insurance coverage in force

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Which of these characteristics is consistent with a Straight Life policy?
Owner can adjust both premium and death benefit
Premiums are lower for the first five years, increase the sixth year, then levels off for the remaining length of the contract
Owner has the option of converting to term insurance
Premiums are payable for as long as there is insurance coverage in force

 
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