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All of the following statements regarding whole life insurance policies are true EXCEPT: Whole life insurance premiums are constant over its life Whole life insurance

All of the following statements regarding whole life insurance policies are true EXCEPT:

Whole life insurance premiums are constant over its life

Whole life insurance is insurance along with an investment

Whole life insurance is a form of pure insurance

Whole insurance can be used as a form of forced savings

Premiums go towards covering the insurance costs and towards an investment

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