Management Notes

Reference Notes for Management

Variable life of the following policies is characterized by a flexible premium and death benefit and allows the policyowners control of the investment aspect of the plan?

Variable life of the following policies is characterized by a flexible premium and death benefit and allows the policyowners control of the investment aspect of the plan?

Variable life of the following policies is characterized by a flexible premium and death benefit and allows the policyowners control of the investment aspect of the plan?

 Options:

  1. Variable Life
  2. Universal Life
  3. Variable universal life
  4. Adjustable life

The Correct Answer Is:

c. Variable universal life

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