With Universal, Current Assumption, and Variable Universal Life Insurance Policies

question 6

True/False

With universal, current assumption, and variable universal life insurance policies, the policyowner may discontinue premium payments at any time without lapsing the policy, as long as the surrender value is sufficient to cover the next deduction for the cost of insurance and expenses.

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Definitions:

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X-Ray Vision

Fictional ability to see through solid objects, often found in comic books and science fiction.

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Superhero

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