for insurance with the same death benefit, list the product in order ...
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for insurance with the same death benefit, list the product in order
Please give your best answer for each of the problems below, including explanation where appropriate. Also, please e-mail me if you find any of the questions to be unclear. 1. For insurance with the same death benefit, list the products in order of expected monthly premium for the first month (greatest to least), for the same insured: a. 10-Year Term Life Insurance with level premiums b. Whole Life Insurance with level lifetime premiums c. 20-Year Term Insurance with level premiums d. Whole Life Insurance with level premiums, only paid for ten years 2. Briefly explain why insurable interest is important
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