MCQOPTIONS
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| 1. |
Which of the following statements is incorrect with regards to decreasing term assurance? |
| A. | eath benefit amount decreases with term of coverage |
| B. | remium amount decreases with term of coverage |
| C. | remium remains leveled throughout the term |
| D. | ortgage redemption plans are an example of decreasing term assurance plans |
| Answer» C. remium remains leveled throughout the term | |