What is the purpose of establishing the target premium for a universal life policy?

A. To pay up the policy faster

B. To cover all policy expense she

C. To keep the policy in force

D. To accumulate cash value faster

Answer: C. To keep the policy in force

Types of Life Policies

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In an insurance contract, the applicant's "consideration" is the
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The voluntary relinquishment of a legal right is called
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What would be an expense factor in an insurance program?
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What documentation grants express authority to an agent?

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