Which of the Following Is False with Respect to Universal

question 53

Multiple Choice

Which of the following is false with respect to universal life insurance (ULI) ?

• A) Is interest sensitive
• B) Has flexible premiums and benefits
• C) Is cheaper than ordinary whole life
• D) Has the tax benefits of ordinary life insurance

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Definitions:

Psychological Benefits

Positive effects on mental health and wellbeing that result from specific activities, practices, or therapies.

Competition Trap

A situation in which companies or individuals focus excessively on winning and outperforming others to the detriment of their own goals, well-being, or ethics.

Healthy Carbohydrates

Carbohydrates considered beneficial for health, often found in whole foods like fruits, vegetables, and whole grains, providing energy and nutrients.

Natural Sugars

Sugars that occur naturally in foods, such as fructose in fruits and lactose in milk, as opposed to added sugars or sweeteners.