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2 Written questions

2 Multiple choice questions

  1. The simplest form of life insurance, this policy pays a specific lump sum to beneficiaries upon the death of the insured
  2. This policy combines premium and death benefit flexibility of universal life with the investment flexibility and risk of variable life

1 True/False question

  1. VariableSometimes 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