IIA
IIA-CFSA · Question #212
IIA-CFSA Question #212: Real Exam Question with Answer & Explanation
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Question
_____________ insures two lives under one policy. Death benefits are paid to the surviving insured. The surviving insured usually has the option of purchasing an individual whole life policy of the same face amount without providing evidence of insurability.
Options
- AJoint whole life policies
- BFirst-to-die policies
- CModified premium whole life policies
- DA & B are one and the same category
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