Tux 301 Study guides, Class notes & Summaries
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Life-and-Health-Exam-Prep Solved 100% Correct
- Exam (elaborations) • 352 pages • 2024
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28. Which type of life insurance is considered to be more risky based on its investment 
component? 
a. Level Term Life Insurance 
b. Whole Life Insurance 
c. Decreasing Term Life Insurance 
d. Variable Life Insurance 
29. If someone has an employer-sponsored group life insurance policy, they do not 
need individual coverage. 
a. True 
b. False 
30. With group life insurance, the risk is spread across a wider number of people. This 
results in higher premiums for unhealthy people and lower premi...
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