Sonny Coltraine was told by a friend that universal life is the best policy. He will find that
A) it will have a tax-deferred savings feature.
B) death benefits are not taxable income.
C) death benefits and premiums are fixed.
D) death benefits and premiums are flexible.
E) A, B, and D above.
Answer: E
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What will be an ideal response?
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Indicate whether the statement is true or false