When Comparing Universal Life Policies with Whole Life Policies,which of the Following

question 159

Multiple Choice

When comparing Universal Life policies with Whole Life policies,which of the following is typically an advantage of a Universal Life policy?

• A)Cash value accumulates
• B)You can access cash value only through a policy loan
• C)The policy will lapse if a specific premium is not paid each year
• D)You have control over your outlay
• E)Your premium cannot be changed

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Definitions:

Ductus Arteriosus

A blood vessel in a fetus that bypasses pulmonary circulation by connecting the pulmonary artery directly to the ascending aorta.

Fetal Pulmonary Trunk

A vessel in the developing fetus that carries blood from the right ventricle of the heart to the lungs.

Ligamentum Arteriosum

A small ligament that is the remnant of the ductus arteriosus formed within three weeks after birth, connecting the pulmonary artery to the proximal descending aorta.

Fetal Aorta

The primary artery in the fetus that carries oxygenated blood from the heart to various parts of the body, evolving from the embryonic heart.