Q422
Which of the below is correct with regards to universal life insurance?I: It allows policy owner to vary payments.II: Policy owner can earn market based rate of return on cash value
A.
I is true
B.
II is true
C.
I and II are true
AnswerD.
I and II are false
Answer: Option C
Solution
Answer: Option C
Solution:
Both are correct with regards to universal life insurance: It allows policy owner to vary payments and policy owner can earn market based rate of return on cash value.