The biggest difference between mutual funds and life insurance policies is:
A) when you can have access to your contributions.
B) one is a savings plan, and one allows you to reduce your risk.
C) one is considered savings, and the other is an investment.
D) when you are required to contribute to them.

Question

Quizplus · Accepted Answer

The biggest difference between mutual funds and life insurance policies is when you can have access to your contributions. Mutual funds allow you to access your contributions at any time, while life insurance policies typically have restrictions on when and how much you can withdraw.

The Biggest Difference Between Mutual Funds and Life Insurance Policies