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For Example, $50,000 Five-Year Policy Might Decrease to $40,000 in Benefits

Question 426

Multiple Choice

For example, $50,000 five-year policy might decrease to $40,000 in benefits payable the second year, to $30,000 the third year, to $20,000 the fourth year, and to $10,000 in the final year. This is an example of:


A) Level term insurance policies
B) Decreasing term life insurance policies
C) Modified premium whole life policies
D) First-to-die policies

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