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Which of the following statements concerning universal life insurance is not correct? Group of answer choices a. It is a flexible-premium policy. b. The cash

  1. Which of the following statements concerning universal life insurance is not correct?

Group of answer choices

a. It is a flexible-premium policy.

b. The cash value is credited with market interest rates.

c. It separates the protection and savings components.

d. It prohibits cash withdrawals.

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