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Free Georgia Life, Accident and Sickness Agent Exam Practice Questions

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Question 1 of 10Life: Types of Policies

A 28-year-old client compares whole life with term and notices that the whole life premium never changes, even though the insurer's cost of covering a 70-year-old is far higher than for a 28-year-old. She asks the agent to explain how the insurer can promise lifetime coverage at that flat price. What is the best explanation?

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