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The following statements are true with respect to how life insurance companies calculate the age rate for the covered life insured, except:Select one:a . If
The following statements are true with respect to how life insurance companies calculate the age rate for the covered life insured, except:Select one:aIf Tim was turning tomorrow, using last birthday, Tim's attained insurance age would be bIf Tim has just turned two months ago, using age next birthday, Tim's attained insurance age would be CFor group insurance, the rate is usually 'yearly renewable term' and the age rate is the average age of all life insureds coveredd.If Tim was and his birthday was March on September his attained insurance age would be using age nearest birthday
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