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Assume that a client enters into, keeps in force, and does not borrow against a traditional whole life insurance contract. The policy names the client
Assume that a client enters into, keeps in force, and does not borrow against a traditional whole life insurance contract. The policy names the client as the insured and the client's spouse as the policy beneficiary. Which of the following client objectives will NOT be satisfied by using a traditional whole life insurance contract? A) To direct investment of premium dollars to alternative investment vehicles B) To provide a guaranteed death benefit amount C) To be assured of an increasing cash surrender value D) To have a premium payment that will remain level throughout the contract perio
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