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Home Q & A Board Other Fields Homework Help Business Insurance
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JamesLu JamesLu
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7 years ago
Which of the following statements about universal life insurance is (are) true?
I.   The current interest rate credited to the cash value at the time the policy is issued remains fixed for the life of the policy.
II.   A monthly deduction is made from the policy's cash value for the cost of insurance protection.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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7 years ago
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JamesLu Author
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#2
6 years ago
Thanks
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