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Life Insurance

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Era Boyer

Lvl 10
2y ago
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Cards in this guide (7)
The face value of which type of insurance is reduced over the life of the policy

decreasing term insurance

Which type of insurance coverage allows the insured to purchase more insurance after a specified period of time

term insurance

Which is not an example of cash value insurance

Term Insurance

Which of these is the best description of cash surrender value

the insurance company pays the insured the cash value that has accumulated in the policy.............

Which type of insurance coverage will not pay benefits for the death of the insured due to an illness

accidental death and dismemberment

What can be added to an insurance policy to allow the insured to receive a higher benefit-

Double indemnity can be added to an insurance policy to allow the insured to receive a higher benefit.

The face value of which type of insurance is reduced over the life of the policy-

The decreasing term insurance has its face value reduced as the policy ages.

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