The Cash Values of a Variable Life Insurance Policy Increase

question 33

True/False

The cash values of a variable life insurance policy increase at a constant rate over time.

---

Definitions:

Security Interest

A legal claim or right on property that is created by a security agreement as collateral to secure the performance of an obligation, such as repaying a loan.

Farm Products

Goods produced through agricultural activities, such as crops, livestock, and the products derived from them.

Financing Statement

A document filed by a creditor to give public notice to third parties of the creditor's interest in the debtor's personal property used as collateral.

Security Interest

A legal claim or lien on collateral that gives a creditor the right to possess and sell the asset if the debtor fails to meet the obligations of a loan agreement.