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GoodMad_ GoodMad_
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7 years ago
Universal life differs from traditional whole life, because
A) those with universal whole life can borrow against their cash value, whereas those with traditional whole life cannot.
B) universal life pays a guaranteed interest return over the life of the policy's cash value.
C) those with traditional whole life can borrow against their cash value, whereas those with universal life cannot.
D) universal life explicitly divides premium payments into a death protection component and an investment component.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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GoodMad_ Author
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#2
7 years ago
I'll mark it solved, you deserve it
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