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variable premium life insurance

Life insurance programs most commonly found in universal life, in which the premium due is variable. The variation in premium will depend on the investment earnings from earned dividends that may be reinvested and used to pay premiums.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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