Life insurance policy violate rules of good risk management

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Reference no: EM131400124

1. Which of the provisions or clauses in this chapter are the most important to you, and why?

2. To what extent does the accidental death benefit provision of a life insurance policy violate the rules of good risk management?

3. State an advantage or disadvantage of purchasing a single-premium whole life policy. Explain your answer.

4. Is buying term and investing the difference a good idea? Why? Why not?

Reference no: EM131400124

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