All of the following statements concerning whole life insurance are correct EXCEPT

A$.$ There are multiple types of whole life insurance, including ordinary life insurance and limited$-$payment life insurar

B$.$ If the whole life insurance premiums are to be paid throughout the insured's lifetime, the insurance is known as ord

C$.$ Ordinary life insurance is a type of whole life insurance for which premiums are based on the assumption that they until the insured's death.

D$.$ Because the premium rate for an ordinary life contract is calculated on the assumption that premiums will be payable the whole of life, the highest premium rate for any type of whole life policy is produced.

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