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Kurt Purchased a Policy with an Initial Premium of $3,000

question 80

Multiple Choice

Kurt purchased a policy with an initial premium of $3,000 and may elect how much he desires to pay in premiums from now on.He has purchased a face value of $100,000 and can accumulate cash value.What type of life insurance has Kurt purchased?


Definitions:

Federal Health Agency

A government body at the national level that is charged with regulating health issues, providing guidance on public health, and implementing health-related policies.

Credible

Deserving of trust and confidence, believable and reliable.

Expert

An individual with a high level of knowledge, skill, or expertise in a particular area or field, often recognized by peers and society.

Trustworthy

Describes someone who is reliable, honest, and can be depended on to act with integrity.

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