Megan wants to purchase a type of whole life insurance policy that will allow part of her premium to be invested in stock, bonds, or money market funds. Which of the following policies should she buy?

Question

Quizplus · Accepted Answer

Variable life insurance policies allow the policyholder to invest part of their premiums into separate investment accounts, which can include stocks, bonds, and money market funds. The performance of these investments can affect the policy's cash value and death benefit.

Megan Wants to Purchase a Type of Whole Life Insurance