Which of the following statements regarding both individual credit life insurance and group credit life insurance is NOT correct?

Insurance

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Which of the following statements regarding both individual credit life insurance and group credit life insurance is NOT correct?

A) Both policies would typically be decreasing term policies.

B) Both policies are used to pay off debt if the insured dies before doing so.

C) Both policies are typically medically underwritten.

D) Both policies may end at the payoff of the debt.

Answer: Both policies are typically medically underwritten.

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