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Business, 27.02.2020 03:17 TheViperMlg23676

An insured pays $1,200 annually for her life insurance premium. The insured applies this year's $300 worth of accumulated dividends to the next year's premium, thus reducing it to $900. What option does this describe : a) Accumulation at Interest b) The face value of the policy is paid to the insured at age 100.

c) It usually develops cash value by the end of the third policy year.

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An insured pays $1,200 annually for her life insurance premium. The insured applies this year's $300...
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