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Alisa, a recent graduate from the university of Toronto, has a job with the Toronto Star. Her father has advised that because she is now
Alisa, a recent graduate from the university of Toronto, has a job with the Toronto Star. Her father has advised that because she is now earning an income, she should purchase life insurance. He also suggested that she should purchase term insurance as it would be cheaper. Alisa begins researching the different types of term insurance. If you were her life insurance agent, what information would you give her regarding the different types of term insurance? Select one: a. Single life, joint first to die and joint last to die all have to do with death benefits; level term is a type of term b. Level term and increasing term are types of term; joint last to die determines when the death benefit is paid c. Level term, decreasing term and increasing term are all types of term insurance d. Increasing term and level term are types of term, single life has to do with the number of persons insured on a policy Next page
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