The policy owner assumes the investment risk with a _____ insurance policy.

Question

The policy owner assumes the investment risk with a _____  insurance policy.

Quizplus · Accepted Answer

Variable life insurance policies allow policy owners to choose their own investments from a set of investment options offered by the insurance company. The policy owner assumes the investment risk and therefore has the potential for higher returns, but also bears the risk of investment losses. Whole life and term life insurance policies do not involve investment options, while viatical life and group life insurance policies are different types of policies altogether.

The Policy Owner Assumes the Investment Risk with a _____