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Virginia Life, Annuities, and Health Insurance Examination Series 11-01

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Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Questions and Answers

Questions 1

Which of the following is an advantage of term life insurance?

Options:

A.  

The cost is about the same as whole life insurance

B.  

It will be cost effective in the long term if it is maintained to age 65 and beyond

C.  

It provides insurance protection on a permanent basis

D.  

The initial premium is lower than for an equivalent amount of whole life insurance

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