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Commerce · Q967

Insurance

Graduate and Post Graduate · Commerce · question 967

Q967

Where was the Universal Life Policy introduced first?

A.
USA
Answer
B.
Great Britain
C.
Germany
D.
France

Answer: Option A

Solution

Answer: Option A
Solution:
Universal life insurance. Universal life insurance (often shortened to UL) is a type of cash value life insurance, sold primarily in the United States.