Question: Which description is incorrect regarding life insurance? Question 14 Answer a. A life insurance policy with a shorter term is less expensive than a policy
Which description is incorrect regarding life insurance? Question 14 Answer a. A life insurance policy with a shorter term is less expensive than a policy with a longer term. b. With respect to term insurance, the length of the term determines the premium to be paid for the insurance. c. A maximum premium payment for universal life insurance provides the greatest opportunity for tax-deferred growth. d. Term insurance is the most expensive policy as it builds cash value
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