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Once an insurance company determines that an applicant is ________, they need to establish the ___________ for the insurance policy
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- Which of the following is NOT required on an application for a variable life insurance policy ? a ) Questions designed to assist the insurer in determining suitability of the insurance b ) A statement explaining the use of separate accounts in variable insurance c ) A statement that the death benefit may be variable or fixed d ) A statement that cash values may increase or decrease based on the separate account
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