Question: After looking at his options, Wayne decided on a single premium whole life policy. What is an advantage of this type of policy? Question 8

After looking at his options, Wayne decided on a single premium whole life policy. What is an advantage of this type of policy?
Question 8Select one:
a.
Administrative costs are higher on this policy.
b.
The total premium is lower.
c.
All of the answer choices are correct.
d.
The cost of protection is low if Randy dies soon after paying the premium.

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