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With Variable Life Insurance, the Term "Variable" Refers to the Variable

question 110

True/False

With variable life insurance, the term "variable" refers to the variable nature of the benefit because premium payments are invested in mutual funds whose return can vary over time.

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Definitions:

Informed Consent

A research participant’s agreement to take part in the study, based on full information about what the experiment will involve.

Relevant Risks

The potential threats or uncertainties that are directly related to specific decisions or activities, impacting their success or outcome.

Deception

The act of misleading or deceiving someone by presenting false information or concealing the truth.

Ethical Reasons

Considerations based on principles of right and wrong behavior, guiding decisions and actions to align with moral values.

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