When cross rates are out of line, one path can lead you to riches and another to ruin
Indicate whether the statement is true or false.
Answer: TRUE
Business
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The automatic premium loan provision authorizes an insurer to withdraw from a policy's cash value the amount of
A) any interest payable from an outstanding policy loan balance B) past due premiums that have not been paid by the end of the grace period C) the outstanding policy loan balance D) any surrender charges owed by the policyowner
Business
Cash and prizes won on television game shows are usually subject to both federal and state taxes.
a. true b. false
Business