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Which of the following is (are) TRUE for net amount at risk? I. Net amount at risk at terminal age is equal to the face

Which of the following is (are) TRUE for net amount at risk?

I. Net amount at risk at terminal age is equal to the face value of whole life insurance.

I. Net amount at risk increases as time goes on.

Ill. Net amount at risk represents the protection element of whole life insurance.

O Ill only.

O land Il only.

O I and Ill only.

OIl and Ill only.

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