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1. What is the advantage of term life insurance? lifetime insurance as long as premiums are paid forced savings high rates of investment return more

1.

What is the advantage of term life insurance?

lifetime insurance as long as premiums are paid
forced savings
high rates of investment return

more coverage per premium dollar

2.

Which of the following policy features typically cost extra?

Both waiver or premium and guaranteed insurability
Waiver of premium
Nonforfeiture values
Guaranteed insurability

3.

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