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The mode of premium payment 1. Is the factor that determines the amount of dividends in a policy. 2. Is the method used to compute the cash surrender value of the policy. 3. Does not affect the amount of premium paid. 4. Is defined as the frequency and the amount of the premium payment

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The mode of premium payment
1. Is the factor that determines the amount of dividends in a policy.
2. Is the method used to compute the cash surrender value of the policy.
3. Does not affect the amount of premium paid.
4. Is defined as the frequency and the amount of the premium payment

 
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