An individual life insurance policy must become incontestable no later than how long after its effective date?

A) 1 year
B) 3 years
C) 6 months
D) 2 years"

Answer: D) 2 years"

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Withdrawals from a universal life policy

A) only decrease the cash value B) only decrease the death benefit C) are taxed as ordinary income D) do not require repayment"

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A retailer seeking to study store loyalty limited its sample to credit-card holders whose last name began with the letters A through G. The firm used a probability sample

Indicate whether the statement is true or false

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