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1. Why are decreasing term life insurance policies oftentimes used to secure and/or pay mortgage loans? 2. Explain why the renewability feature Makes term life
1. Why are decreasing term life insurance policies oftentimes used to secure and/or pay mortgage loans?
2. Explain why the renewability feature Makes term life insurance more attractive to some buyers.
3. Identify the contractual rights that the owner of a life insurance contract may exercise.
4. How does reentry term life insurance differ from renewable term life insurance?
PLEASE HELP ME ANSWER ALL OF THEM:)
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