In some cases, a first-mover strategy can actually be a liability

All of these statements concerning whole life insurance are false EXCEPT

A) Policyowner can take out a policy loan up to the face amount B) When a whole life policy is surrendered, income taxes may be owed C) Coverage is normally temporary D) The death benefit is not affected by outstanding loans

Telemarketing is infrequently used as a fundraising tool for nonprofit and political groups

Indicate whether the statement is true or false