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    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 16: Loss of Life
  5. Question
    Credit Life Is a Form of Decreasing Term Insurance That
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Credit Life Is a Form of Decreasing Term Insurance That

Question 9

Question 9

True/False

Credit life is a form of decreasing term insurance that is designed to pay the unpaid balance of an installment loan at the death of the insured.

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