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Which of the following statements is/are correct? 1. Term life insurance is considered pure insurance. 2. Term life insurance premiums are significantly more expensive than

Which of the following statements is/are correct? 1. Term life insurance is considered pure insurance. 2. Term life insurance premiums are significantly more expensive than premiums for permanent policies.

Group of answer choices

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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