Which one of the following is a life insurance policy that will provide a fixed death benefit and allows the policyholder to choose where to invest the policy's cash value?

Question

Quizplus · Accepted Answer

Variable life insurance provides a fixed death benefit but also allows policyholders to invest the cash value into investment options such as stocks, bonds, and mutual funds. This gives policyholders more control over their investments and potential returns.

Which One of the Following Is a Life Insurance Policy