Which of the Following Is True for Universal Life Insurance

question 70

Multiple Choice

Which of the following is true for universal life insurance policies?

• A) Premiums are set higher than whole life policies.
• B) Premiums never need to be increased to maintain the policy in force.
• C) Premiums are set lower than whole life policies.
• D) None of the above.

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Definitions:

Psychokinesis

The claimed ability to move or manipulate objects with the mind without physical interaction.

ESP

Extrasensory perception, the ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Phantom Limb

A phenomenon in which individuals experience sensations, including pain, in a limb that has been amputated.

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through extrasensory perception.