Which of the following is a disadvantage of life insurance as security? Select one: a....
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Which of the following is a disadvantage of life insurance as security? Select one: a. Legal assignment of a policy can be effected simply and a perfect title easily established. b. A term policy does not carry a cash surrender value c. The security can be realized immediately if the customer defaults. d. Policies of the type accepted by the bank as security have normally an increasing value provided the premiums are paid
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