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The CVAT factor for a universal life policy where the policyholder is currently age 4 5 is 2 1 0 % . If the policy

The CVAT factor for a universal life policy where the policyholder is currently age

45

210 % .

If the policy has a current account value of $

41, 740,

determine the minimum death benefit needed to have the policy meet the definition of life insurance.

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