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Social Studies, 01.10.2019 05:00 ParallelUniverse

Darcy buys a life insurance policy on her own life, under which she pays the annual premiums. the in-surance is issued for a specific period, but is renewable for similar periods. darcy is covered only as long as she makes the payments. there is nocash value portion to the policy. darcy probably owns:

a. whole life insurance.
b. key-person life insurance.
c. term life insurance.
d. an annuity.

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