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3 of 7 Which statement describes a renewable Term Life insurance policy? It may not be renewed at the end of the policy's term for
of Which statement describes a renewable Term Life insurance policy? It may not be renewed at the end of the policy's term for another period without evidence of insurability. A new application is needed for the renewal. Upon renewal, the rates are based on the insured's age at that time; therefore, premiums are likely to increase at each renewal. None of the above 
of
Which statement describes a renewable Term Life insurance policy?
It may not be renewed at the end of the policy's term for another period without evidence of insurability.
A new application is needed for the renewal.
Upon renewal, the rates are based on the insured's age at that time; therefore, premiums are likely to increase at each renewal.
None of the above
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