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Which of the following statements about variable life insurance is true? O a) premium payments are flexible Ob) the death benefit cannot be higher or

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Which of the following statements about variable life insurance is true? O a) premium payments are flexible Ob) the death benefit cannot be higher or lower than a guaranteed, specified value O c) the policyowner has the option of investing the cash value in several investment accounts d) the cash surrender value of the policy is guaranteed e) all of the above

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