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1. Define the following life insurance terms: 1. Beneficiary 2. Face amount 3. Insured 2. Summarize the advantages and disadvantages of using a flexible spending

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1. Define the following life insurance terms: 1. Beneficiary 2. Face amount 3. Insured 2. Summarize the advantages and disadvantages of using a flexible spending account to help control health care costs. 3. What auto insurance coverage is required on all cars

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