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New York Life Insurance Forms Election of Dividend Option

New York Life Insurance Forms Election of Dividend Option

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question one ing to the taxation rules of life insurance policies cash value increases or growth are tax deferred a true be false the correct answer is a true question two a disadvantage of owning a fixed annuity as opposed to a variable annuity is that in times of inflation the benefit of a fixed annuity will have increased purchasing power a true v false the correct answer is b false question three a group of 15 skydivers met at a seminar and began talking about life insurance during a break because it was expensive to get individual life insurance they decided to band together to form a small group so that they could qualify for group life insurance after they applied for group life insurance they were rejected why p a their profession poses too high of a risk for the insurer b the group has not been established for long enough c the purpose of the group was to purchase life insurance the correct answer is c the purpose of the group was to purchase life insurance question four why i

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