Which of the following statements about variable life insurance is tru
Which of the following statements about variable life insurance is true?
A) Premium payments are flexible.
B) The death benefit cannot be higher or lower than a guaranteed, specified, value.
C) The policyowner has the option of investing the cash value in several investment accounts.
D) The cash surrender value of the policy is guaranteed.
ANSWER
Answer: C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.