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If You Have a Multiyear Level Term Policy

Question 43

Multiple Choice

If you have a multiyear level term policy,


A) You can convert your policy to a permanent type at the end of the term.
B) You policy will continue for one year.
C) Your premium will be the same for the duration of your policy.
D) Your premium will not increase when you renew it.
E) All of the above are correct.

Correct Answer:

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