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Exam CTFA topic 1 question 337 discussion

Actual exam question from ABA's CTFA
Question #: 337
Topic #: 1
[All CTFA Questions]

A universal life insurance policy provides two types of death protection. The first type, known as Option A, provides a level death benefit. As the cash value increases:

  • A. The amount of pure insurance protection decreases
  • B. The amount of pure insurance protection increases
  • C. The amount of pure insurance protection remains same
  • D. The amount of pure insurance protection start vary
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Suggested Answer: A 🗳️

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