emily155385
Answered

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Term life policies are classified in the following ways EXCEPT:

A. Decreasing term.
B. Level term.
C. Limited term.
D. Increasing term.

Sagot :

GinnyAnswer

Final answer:

Term life insurance policies are categorized into specific types, such as decreasing, level, and limited terms, with increasing term not being a valid classification.


Explanation:

Term life insurance policies are classified into different types based on their structure. The classifications include Decreasing term, Level term, Limited term, and Increasing term. Among these, Increasing term is not a valid classification for term life policies.


Learn more about Term life insurance policies here:

https://brainly.com/question/43213466


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