Q675
Who among the following is most to buy variable life insurance?
A.
People seeking fixed return
B.
People who are risk averse and do not dabble in equity
C.
Knowledgeable people comfortable with equity
AnswerD.
Young people in General
Answer: Option C
Solution
Answer: Option C
Solution:
Knowledgeable people comfortable with equity is most to buy variable life insurance. Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy.