American_Bankers_Association
CTFA · Question #332
CTFA Question #332: Real Exam Question with Answer & Explanation
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Question
Whole life insurance is a life insurance designed to offer ongoing insurance coverage over the course of an insured's entire life. The noteworthy advantage of whole life insurance is:
Options
- APremium payments contribute towards building an estate
- BOne can budget premium payments for a long period
- CIt's a low-load life insurance
- DThese are sold only by agents
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