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Term insurance is advantageous for: 1) persons who want lower life insurance premiums. 2) persons who need life insurance in the later years of life

image text in transcribed Term insurance is advantageous for: 1) persons who want lower life insurance premiums. 2) persons who need life insurance in the later years of life when premiums become very high. 3) people who want very long life insurance coverage. 4) people who use life insurance as a form of forced savings

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