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6.07 Exam Written Question When starting a life insurance plan, there are a few factors that will determine the premium paid by the policyholder. Part

6.07 Exam Written Question

When starting a life insurance plan, there are a few factors that will determine the premium paid by the policyholder.

Part 1: What are some of the coverage choices (options and levels of coverage) the policyholder can make that would lead to a lower premium?

Part 2: What effect do these choices have on mitigating risk?

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