Which of the following statements about variable universal life insurance is (are) true?
I.Variable universal life insurance has fixed premium payments.
II.Variable universal life insurance allows the policyowner to decide where the premiums are invested.

Question

Quizplus · Accepted Answer

Variable universal life insurance does not have fixed premium payments, as they can vary based on market performance. However, policyowners do have the ability to decide where the premiums are invested, giving them more control over potential returns.

Which of the Following Statements About Variable Universal Life Insurance