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1. There are certain times when the insurer is not legally obligated to pay the proceeds to the beneficiaries upon the death of the insured.

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1. There are certain times when the insurer is not legally obligated to pay the proceeds to the beneficiaries upon the death of the insured. True False Question 2 5pts 2. Whole life insurance is usually preferable to universal life insurance for its superior return on investment. True False

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