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These Policies Provide a Death Benefit When the Insured Dies

Question 121

Multiple Choice

These policies provide a death benefit when the insured dies during a specified period. The term of this type of policy is usually not less than one year, but may be up to 40 years or more. It provides only temporary protection because coverage ends at the end of the term of coverage stated in the policy. What are these?


A) Term life insurance policies
B) Level term insurance policies
C) Decreasing term life insurance policies
D) Whole life insurance policies

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