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The PRIMARY purpose of a Limited-Pay Life policy is to allow an:
Options
a. insured to purchase coverage that will pay death benefits under specified circumstances only
b. insured to pay premiums for a predetermined period of time
c. insurance company to reduce its risk exposure
d. insurance company to sell policies to selected groups of risks only
Answer: B
The above question The PRIMARY purpose of a Limited-Pay Life policy is to allow an:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
