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34) All of the following statements about variable life insurance are true EXCEPT A) The premium is level and guaranteed not to increase. B) The

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34) All of the following statements about variable life insurance are true EXCEPT A) The premium is level and guaranteed not to increase. B) The death benefit varies according to investment experience. C) The policyowner has the option of investing the cash value in several investment accounts. D) Cash surrender values are guaranteed

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