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Taylor Jones Has a Life Insurance Policy That Returns Every

Question 45

Multiple Choice

Taylor Jones has a life insurance policy that returns every cent she pays in premiums if she outlives the term of the policy.She knows this policy costs 30 to 50 percent more than a traditional policy but thinks it is worth it.What type of term life insurance does Taylor have?


A) Straight
B) Renewable
C) Convertible
D) Decreasing
E) Return-of-premium

Correct Answer:

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