Compare annual renewable term-par ordinary life

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Reference no: EM131818091

Compare annual renewable term, par ordinary life, current assumption whole life, variable life, universal life, and variable universal life in terms of:

1. Death benefit

2. Premium

3. Cash value

4. If cash value or dividends use current interest?

5. Policy elements bundled?

6. Policy loan allowed?

7. Advantages to buyers

8. Disadvantages to buyers

9. Risks to buyers

10. Advantages to sellers

11. Disadvantages to sellers

Reference no: EM131818091

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