The policyholder may increase or decrease the amount of premium paid with a variable life insurance policy.

Name: The policyholder may increase or decrease the amount of premium paid with a variable life insurance policy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Variable life insurance policies allow policyholders to adjust their premium payments. They can increase their premium payments to build up the cash value and death benefit, or they can decrease their payments if they need to reduce their expenses.

The Policyholder May Increase or Decrease the Amount of Premium