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Universal life insurance allows the policy owner to modify the A. face value of the policy and obtain refunds of premiums already paid. B. face

Universal life insurance allows the policy owner to modify the

A.face value of the policy and obtain refunds of premiums already paid.

B.face value of the policy but not the premiums.

C.premiums but not the face value of the policy.

D.face value of the policy and the premiums.

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