INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The policy owner assumes the investment risk with [whole life | variable life] insurance.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-The policy owner assumes the investment risk with [whole life | variable life] insurance.
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Quizplus · Accepted Answer

In variable life insurance, the policy owner assumes the investment risk because the cash value and death benefit can fluctuate based on the performance of the investment options chosen.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which