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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:a.If Tim was turning 33 tomorrow, using last birthday, Tim's attained insurance age would be 33 b.If Tim has just turned 32 two months ago, using age next birthday, Tim's attained insurance age would be 33C.For 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 32 and his birthday was March 26, on September 27 his attained insurance age would be 33 using age nearest birthday

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