Typically,when One Borrows from His or Her Cash Value in a Life

question 55

Multiple Choice

Typically,when one borrows from his or her cash value in a life insurance policy,

• A)the proceeds paid to a beneficiary are unchanged.
• B)no interest is charged on the loan.
• C)only the guaranteed minimum rate is paid on the remaining nonborrowed cash value.
• D)(All of these)