Current assumption whole life policy is sometimes referred to as interest-sensitive whole life policy because of its participatory investment feature.

Question

Quizplus · Accepted Answer

Current assumption whole life policy is indeed sometimes referred to as interest-sensitive whole life policy because its cash value can be affected by the insurer's current interest rate, making it somewhat participatory in nature with respect to investments.

Current Assumption Whole Life Policy Is Sometimes Referred to as Interest-Sensitive