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Which Statement Is False Regarding Switching Policies

Question 132

Multiple Choice

Which statement is false regarding switching policies?


A) An author noted that half of those who buy whole or universal life drop them within 10 years.
B) The insurance industry is regulated by state insurance commissioners.
C) Your need for life insurance coverage will change over time.
D) A new life insurance policy will cost more as you get older.
E) You will always be insurable if you switch policies.

Correct Answer:

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