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Which type of life insurance policy combines term insurance and investment elements? a. Whole life b. Ordinary life c. Universal life d. Adjustable life

Timothy Norman

in Business

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Deborah Edwards on January 23, 2018

To answer the question about what type of life insurance policy that combines term insurance and investment elements is the letter C, for Universal Life. Universal life or in another term, Permanent life Insurance is a type of insurance that is flexible and low-cost protection of term life insurance as well as savings of other elements, such as the whole life insurance.


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