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The Excess Interest Provision in Life Insurance Means That the Cash

Question 28

Multiple Choice

The excess interest provision in life insurance means that the cash value will increase:


A) faster than the guaranteed rate if the insurer actually earns a greater return than the guaranteed rate
B) faster than the guaranteed rate even if the insurer does not earns a greater return than the guaranteed rate
C) faster than it would with a universal or variable life policy
D) slower than the guaranteed rate

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