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________ Policies Allow the Policy Owners to Allocate Their Premium

Question 18

Multiple Choice

________ policies allow the policy owners to allocate their premium payments to and among separate investment accounts maintained by the insurance company, within limits, and also to be able to shift the policy cash value among the separate accounts.


A) Guaranteed life insurance
B) Universal life insurance
C) Flexible premium insurance
D) Variable life insurance insurance

Correct Answer:

verifed

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