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Which of the Following Is Not Characteristic of a Cash-Value

Question 151

Multiple Choice

Which of the following is not characteristic of a cash-value life insurance policy?


A) The annual premiums remain constant.
B) The beneficiary receives the sum of the face amount and the cash value.
C) The policyholder can cancel the policy and receive the cash value.
D) The policyholder can borrow from the cash value.

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