Features found in term life insurance and life insurance

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Discuss the differences in features found in Term Life Insurance compared to those found in Whole Life Insurance. Include a discussion of whether each difference is an advantage or a disadvantage for each policy. B) Identify and discuss the flexibilities that are available in each of the three following life insurance policies that are not offered in a term or whole life insurance policy: i) variable, ii) universal, and iii) universal variable.

Reference no: EM131040498

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