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Which of the Following Statements Is True

Question 55

Multiple Choice

Which of the following statements is true?


A) A term insurance policy has no savings element attached to it.
B) The maximum term of a term life insurance is 20 years.
C) The minimum term of a term life insurance is 5 years.
D) A term insurance policy has no savings element attached to it and the maximum term of a term life insurance is 20 years.

Correct Answer:

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