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CTFA · Question #314
CTFA Question #314: Real Exam Question with Answer & Explanation
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Question
A universal life insurance policy provides two types of death protection. The first type, known as Option A, provides a level death benefit. As the cash value increases:
Options
- AThe amount of pure insurance protection decreases
- BThe amount of pure insurance protection increases
- CThe amount of pure insurance protection remains same
- DThe amount of pure insurance protection start vary
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