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IIA-CFSA · Question #211

IIA-CFSA Question #211: Real Exam Question with Answer & Explanation

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Question

Whole life policies offer lifetime coverage at a level premium rate that does not increase as the insured ages. Whole life policies are classified in all of the below mentioned categories EXCEPT :

Options

  • AContinuous premium policies
  • BLimited payment policies
  • CDecreasing life policies
  • DSingle premium policies

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