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  3. Study Set
    Risk Management and Insurance Study Set 1
  4. Exam
    Exam 16: Standard Life Insurance Contract Provisions and Options
  5. Question
    An Insured Must Pay the Specified Interest Rate to Borrow
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An Insured Must Pay the Specified Interest Rate to Borrow

Question 22

Question 22

True/False

An insured must pay the specified interest rate to borrow his own "savings" when a loan is made on a whole life policy.

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