With a(n) ____ insurance policy, the benefits awarded by the life insurance company to the beneficiary differ, depending on the assets backing the policy.

Question

Quizplus · Accepted Answer

Variable life insurance policies allow policyholders to invest the premiums paid into a range of investment options such as stocks, bonds, and mutual funds. The benefits awarded to beneficiaries of the policy depend on the performance of the investments made by the policyholder, making it a type of investment-linked life insurance policy.

With A(n) ____ Insurance Policy, the Benefits Awarded by the Life