Which of the following statements regarding limited-pay life insurance is NOT correct?

Insurance

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Which of the following statements regarding limited-pay life insurance is NOT correct?

A) Limited-pay policies mature more quickly than do continuous premium whole life policies.

B) Limited-pay policy death benefits remain level for the duration of the policy.

C) Cash value grows more quickly in limited-pay life policies than it does in continuous premium whole life policies.

D) Limited-pay policies endow when the insured is 100 years old.

Answer: Limited-pay policies mature more quickly than do continuous premium whole life policies.

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