Which of the Following Is Not Characteristic of a Cash-Value

question 40

Multiple Choice

Which of the following is not characteristic of a cash-value life insurance policy?

• A)The annual premiums remain constant.
• B)The beneficiary receives the sum of the face amount and the cash value.
• C)The policyholder can cancel the policy and receive the cash value.
• D)The policyholder can borrow from the cash value.

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