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The owner of a nursing home in rural Illinois saw a life insurance ad on television that offered a guaranteed issue life insurance policy for

The owner of a nursing home in rural Illinois saw a life insurance ad on television that offered a guaranteed issue life insurance policy for anyone between the ages of 50 to 80. She investigated the insurance offering and found that the death benefit payment would exceed premiums charged should the insured die within the first five to eight years of coverage. As a company representative for this insurance company, would you encourage the nursing home owner to purchase life insurance policies on the residents of the nursing home?

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