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Question 5 Select the appropriate response Which of these is an accurate statement regarding the fixed period settlement option on a life insurance policy? A

Question 5
Select the appropriate response
Which of these is an accurate statement regarding the fixed period settlement option on a life insurance
policy?
A portion of the payments paid to the beneficiary comes from interest calculated on the proceeds of the policy
Payment can be adjusted monthly by the beneficiary
A portion of the payments paid to the beneficiary comes from interest generated from policy loans
Payments are normally guaranteed for 10 years or more
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