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Match each type of life insurance to its definition. term life whole life universal life a. Provides a pre-determined amount upon the death of the
Match each type of life insurance to its definition. term life whole life universal life a. Provides a pre-determined amount upon the death of the policy owner provided that the death occurs within a specific time period. b. Provides an individual lifetime protection and offers a savings component with cash value and has no expiration date. c. More flexible permanent life insurance with protection that is low-cost, but it also has a savings element which is invested to build the cash value
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