Some term insurance policy permit the policy owner to exchange the policy for a cash value policy

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Some term insurance policy permit the policy owner to exchange the policy for a cash value policy without having to demonstrating insurability. Such term insurance policies are described as ____________.

a.Ordinary

b.Decreasing

c.Convertible

d.Renewable

Posted Date: Jun 06, 2024 03:12 AM

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Some term insurance policy permit the policy owner to exchange the policy for a cash value policy

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