Polly Wants the Opportunity to Change the Amount She Pays

question 13

Multiple Choice

Polly wants the opportunity to change the amount she pays for her annual premium through the life of her insurance policy without changing her coverage. Which of the following types of whole life policies would meet her needs?

• A) Adjustable life
• B) Group life
• C) Limited life
• D) Universal life
• E) Variable life

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Definitions:

Drug Tolerance

The body's reduced response to a drug with repeated use, requiring higher doses to achieve the same effect.

Regular Use

refers to the consistent and habitual use of a substance or engagement in an activity, potentially leading to dependency.

Alcohol

A psychoactive substance commonly found in drinks such as beer, wine, and spirits, known for its depressant effects on the central nervous system.

Stimulant

A substance that raises levels of physiological or nervous activity in the body, typically used to increase alertness, attention, and energy.