Megan wants to purchase a life insurance policy that will allow her to invest in stock.Which of the following policies should she buy?

Question

Quizplus · Accepted Answer

Variable life insurance policies allow policyholders to invest a portion of their premiums in a separate account that typically invests in stocks, bonds, or mutual funds. The policy's cash value and death benefit vary based on the performance of the chosen investments. Therefore, if Megan wants to invest in stocks through her life insurance policy, she should buy a variable life policy.

Megan Wants to Purchase a Life Insurance Policy That Will