Some variable return life policies pay both the face amount and the accumulated cash value on the death of the insured party.
Correct Answer:
Verified
Q48: Modified life insurance is primarily designed for
Q49: The policyholder may increase or decrease the
Q50: The rate at which cash value accumulates
Q51: Universal life insurance provides both the pure
Q52: With cash-value life insurance the actual amount
Q54: Young parents should focus on cash-value life
Q55: The type of cash-value life insurance that
Q56: Adjustable life insurance policies allow changes with
Q57: Whole life insurance is a form of
Q58: With a universal life policy,the current rate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents