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All of the following statements are true regarding an Ordinary ( Straight ) Life policy EXCEPT A . It is funded by a level premium.
All of the following statements are true regarding an Ordinary Straight Life policy
EXCEPT
A It is funded by a level premium.
B It builds cash value.
C It does not have a guaranteed death benefit.
D If the insured lives to age the policy matures, and the face amount is
paid to the insured.
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