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With Universal, Current Assumption, and Variable Universal Life Insurance Policies

question 6

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With universal, current assumption, and variable universal life insurance policies, the policyowner may discontinue premium payments at any time without lapsing the policy, as long as the surrender value is sufficient to cover the next deduction for the cost of insurance and expenses.


Definitions:

Rewarded

The act of receiving something of value in return for an action or behavior, often used as a means of encouragement or recognition.

X-Ray Vision

Fictional ability to see through solid objects, often found in comic books and science fiction.

Superman

A fictional superhero appearing in American comic books published by DC Comics, known for his superhuman abilities.

Superhero

A superhero is a character, often in comics or movies, with extraordinary powers or abilities, dedicated to protecting the public and combating evil.

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