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________ Is a Form of Life Insurance That Provides Both

question 108

Multiple Choice

________ is a form of life insurance that provides both a savings plan and pure insurance coverage.


Definitions:

Federal Laws

Laws enacted by the national government of a country that apply to the entire nation, superseding state and local laws where there is conflict.

Beneficiary

An individual or entity entitled to benefits or assets under a will, trust, insurance policy, or other legal instrument.

Insured

A person or entity covered by an insurance policy.

Insurance Agency

A business that sells, solicits, or negotiates insurance policies on behalf of insurers.

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