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Tina was insured by a variable whole life policy, but she recently exchanged it to a fixed traditional whole life policy. Which of the following
Tina was insured by a variable whole life policy, but she recently exchanged it to a fixed traditional whole life policy. Which of the following obviously happened?
The insurer became insolvent
The contract date changed
No evidence of insurability was required
The death benefit will be less than in the variable contract
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