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1. What is the difference between term life insurance and whole life
insurance?
A) Term life insurance provides coverage for a specified period of time, while
whole life insurance provides coverage for the entire life of the insured.
B) Term life insurance provides coverage for the entire life of the insured,
while whole life insurance provides coverage for a specified period of time.
C) Term life insurance provides a fixed amount of death benefit, while whole
life insurance provides a variable amount of death benefit depending on the
cash value.
D) Term life insurance provides a variable amount of death benefit
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