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Question 340 - CTFA discussion

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A universal life insurance policy provides two types of death protection. The first type, known as Option A, provides a level death benefit. As the cash value increases:

A.
The amount of pure insurance protection decreases
Answers
A.
The amount of pure insurance protection decreases
B.
The amount of pure insurance protection increases
Answers
B.
The amount of pure insurance protection increases
C.
The amount of pure insurance protection remains same
Answers
C.
The amount of pure insurance protection remains same
D.
The amount of pure insurance protection start vary
Answers
D.
The amount of pure insurance protection start vary
Suggested answer: A
asked 16/09/2024
nico farina
38 questions
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