NAME: ________________________

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of 5 available terms

2 Written Questions

2 Multiple Choice Questions

  1. Sometimes called ordinary life; this policy has a fixed guarantee rate as well as a cash value that can be drawn on when the policy matures
  2. The owner of this policy gets to determine the portfolio investments and the death benefit and cash value are not guaranteed

1 True/False Question

  1. TermThe simplest form of life insurance, this policy pays a specific lump sum to beneficiaries upon the death of the insured


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