Xcel practice exams - Study guides, Class notes & Summaries
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XCEL practice exams 2023 with 100% correct answers
- Exam (elaborations) • 23 pages • 2023
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A potential client, age 40, would like to purchase a Whole Life policy that will accumulate cash value at a faster rate in the early years of the policy. Which of these statements made by the producer would be correct? 
20-Pay Life accumulates cash value faster than Straight Life 
 
 
 
A variable insurance policy: 
does not guarantee a return on its investment accounts 
 
 
 
A Renewable Term Policy is renewable at the option of the: 
Insured 
 
 
 
Which of these types of life insurance allows...
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