Which of the following statements regarding cash-value life insurance is incorrect? Group of answer choices Allows...

Which of the following statements regarding cash-value life insurance is incorrect?

Group of answer choices

Allows policy owners to borrow from the policy.

Only provides pure insurance against unexpected death.

Blends pure term insurance with a savings option.

Costs much more than term policies.

Solutions

Expert Solution

Only provides pure insurance against unexpected death.

Pure insurance is provided in any kind of death and the amount is paid accordingly for the same as well.

keosha answered 1 year ago

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