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All of the following statements concerning whole life insurance are correct EXCEPT: The insurer retains the investment risk on a whole ordinary life policy. Policy
All of the following statements concerning whole life insurance are correct EXCEPT:
The insurer retains the investment risk on a whole ordinary life policy.
Policy dividends are a non-guaranteed return of premium.
All of the above are correct.
The premium on a limited-pay policy will be less than the premium on an ordinary (straight) life policy.
i got it, the correct answer is DThe premium on a limited-pay policy will be less than the premium on an ordinary (straight) life policy.
Incorrect Question 5 0 / 1 pts All of the following statements concerning whole life insurance are correct EXCEPT: The insurer retains the investment risk on a whole ordinary life policy. Policy dividends are a non-guaranteed "return of premium." All of the above are correct. The premium on a limited-pay policy will be less than the premium on an ordinary (straight) life policyStep by Step Solution
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