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Whole Life Insurance Differs from Term Life in Which of the Following

Question 62

Multiple Choice

Whole life insurance differs from term life in which of the following ways?


A) Whole life has a variable premium over the life of the policy, increasing as the policyholder gets older.Term life has a fixed premium forever
B) Term life has a savings component whole life is pure insurance
C) Term life is usually more expensive than whole life
D) Whole life is a combination of term life insurance and a savings account

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