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If you were a financial advisor, what would be the economic justification for purchasing a life insurance policy that you could share with your client/customer?

If you were a financial advisor, what would be the economic justification for purchasing a life insurance policy that you could share with your client/customer? Why should the client buy one?

What is the meaning and costs associated with "premature death"?

Explain the difference between a term life insurance policy and a whole life insurance policy. What are the basic characteristics of each policy type?

What is a "preferred risk" policy in life insurance?

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