Management Notes

Reference Notes for Management

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

 Options:

Universal
Graded
Term
Endowment

The Correct Answer Is:

  • Universal

Read more