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Decreasing Term Policy Is

Question 1

Multiple Choice

Decreasing term policy is:


A) A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection decreases
B) A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection increases
C) A term insurance policy that maintains a level premium throughout all periods of coverage while the amount of protection remains unchanged
D) None of these

Correct Answer:

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