All of the following statements regarding limited-pay life insurance are correct EXCEPT:

A) limited-pay policies endow when the insured is 100 years old.

B) limited-pay policy death benefits remain level for the duration of the policy.

C) limited-pay policies mature more quickly than do continuous premium whole life.

D) cash value grows more quickly than it does in continuous premium whole life.

Answer: C) limited-pay policies mature more quickly than do continuous premium whole life.

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The voluntary relinquishment of a legal right is called
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