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Which of the Following Statements About a Variable Universal Life

question 56

Multiple Choice

Which of the following statements about a variable universal life insurance policy is (are) true?
I.There is a minimum guaranteed interest rate for the cash value.
II.The policyowner has a variety of investment options for the savings component of the policy.


Definitions:

Emotional Responses

The feelings or emotions elicited from an individual when exposed to certain stimuli or situations.

Media

The communication channels through which news, entertainment, education, data, or promotional messages are disseminated.

Medium

A means or channel through which information or data is communicated or transmitted.

Purpose

The purpose behind the creation, existence, or motive behind an action.

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