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Commerce · Q767

Insurance

Graduate and Post Graduate · Commerce · question 767

Q767

In Variable life insurance, the death benefit and cash value of the policy _________ according to the investment performance of a special investment account into which premiums are credited.

A.
Went up
B.
Went down
C.
Remain Fixed
D.
Fluctuate
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In Variable life insurance, the death benefit and cash value of the policy fluctuate according to the investment performance of a special investment account into which premiums are credited.